By: Benzinga
UPDATE: Imperial Capital Re-Initiates Bonanza Creek Energy at In-Line Ahead of Catalysts, Earnings
Imperial Capital re-initiated coverage on Bonanza Creek Energy (NYSE: BCEI ) with an In-Line rating and a $33 price target. Imperial Capital commented, "With the Niobrara “B” Bench in full development mode on 80-acre spacing, this year BCEI will continue to test the additional resource potential of the Niobrara
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