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Magnum Hunter Resources (MHR) shares reached a four-month high as Credit Suisse initiated...
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Thursday, September 13, 2012, 6:36 PM ETMagnum Hunter Resources (MHR) shares reached a four-month high as Credit Suisse initiated coverage with a Buy rating and a $6 price target, based on expectations MHR's recent focus on its Eagle Ford and Three Forks assets will to lead sector-beating production and cash-flow growth.
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This news story has 3 comments:
three years, and am surprised it is not selling at twice that. Management has very cleverly set the stock for big gains, or a possible big sell out. MHR is a great stock to go long in, and a years
time should prove me right.