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Fly News Breaks for February 15, 2018
XEC
Feb 15, 2018 | 08:48 EDT
Credit Suisse analyst Betty Jiang lowered her price target for Cimarex Energy to $147 from $152 after 2018 guidance disappoints. Nonetheless, the analyst notes that higher capex has been a recurring theme in the Permian and has already weighted on the stock. She reiterates an Outperform rating on the shares.
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