By: Benzinga
January 17, 2013 at 11:07 AM EST
UPDATE: Imperial Capital Initiates Approach Resources at In-Line on Catalysts
Imperial Capital initiated coverage on Approach Resources Inc. (NASDAQ: AREX ) with a In-line rating and a $28.00 price target. Imperial Capital noted, "We are initiating coverage of Approach Resources with an In-Line rating and a one-year price target of $28. Completion of infrastructure investment across its Southern Midland Basin
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