Shares of Rex Energy (REXX +4.6%) take flight after nabbing an initiation with Global Hunter...

|About: Rex Energy Corporation (REXX)|By:, SA News Editor

Shares of Rex Energy (REXX +4.6%) take flight after nabbing an initiation with Global Hunter Securities at Buy with a lofty price target of $23. Analysts with the firm cite the energy concern's well-positioned stakes in various oil and gas fields.