FBR Capital Downgrades Cimarex Energy (XEC) to Market Perform

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Permian is 'Gift That Keeps Giving', DB Raises Cimarex Energy (XEC) PT to $99

March 22, 2013 11:55 AM EDT

Deutsche Bank today maintained a Buy rating on Cimarex Energy (NYSE: XEC) and raised its price target to $99.00 (from $80.00). Analyst Ryan Todd called the Permian the "gift that keeps on giving".

"While the Bone Springs (and to a lesser extent Avalon) have... More