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Fly News Breaks for June 19, 2018
XEC
Jun 19, 2018 | 08:17 EDT
Cowen analyst Charles Robertson said investor fears about the second half ramp at Cimarex Energy are overdone since the company has the firm capacity to achieve its 2018-2019 production growth and the company maintains a very strong balance sheet. Robertson reiterated his Outperform rating and raised his price target to $130 from $115 on Cimarex Energy shares.
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