By: Benzinga
March 27, 2013 at 10:29 AM EDT
UPDATE: Topeka Initiates Cimarex Energy with Hold Rating on Less Attractive Value Proposition
In a report published Wednesday, Topeka Capital Markets analyst Gabriele Sorbara initiated coverage on Cimarex Energy Co. (NYSE: XEC ) with a Hold rating and $80.00 price target. In the report, Sorbara noted, “XEC has a strong inventory of organically generated drilling locations across the Permian Basin and Mid-Continent region
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