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Fly News Breaks for May 10, 2018
XEC
May 10, 2018 | 07:10 EDT
BofA/Merrill analyst Doug Leggate downgraded Cimarex Energy to Neutral from Buy and cut its price target to $129 from $161. Leggate lowered his long-term gas price outlook to $2.75 from $2.85 and expects Cimarex's natural gas weighted production mix to remain a headwind.
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