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Fly News Breaks for August 31, 2016
XEC
Aug 31, 2016 | 06:46 EDT
Wells Fargo analyst David Tameron started Cimarex Energy with an Outperform rating and $145-$155 price target range. The analyst forecasts 7% and 14% production growth in 2017 and 2018, respectively, and sees substantial upside potential to the net asset value as Cimarex executes on downspacing tests currently under way.
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