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Fly News Breaks for February 6, 2018
XEC
Feb 6, 2018 | 07:34 EDT
As reported earlier, SunTrust analyst Neal Dingmann upgraded Cimarex Energy to Buy from Hold and raised his price target to $140 from $127 as part of his Permian Basin research note. The analyst notes that Cimarex has shown "significant progress in density testing and completion enhancement in both its Permian and MidCon" sites, with positive results from Clyde Copeland and Pagoda State standing out among "several impressive tests throughout the two basins".
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