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Imperial Capital lifts its target price on Magnum Hunter Resources (MHR) to $4 from $3 following...

Imperial Capital lifts its target price on Magnum Hunter Resources (MHR) to $4 from $3 following Q1 results that beat expectations. With the sale of its Eagle Ford operations, MHR's focus is on the development of its Appalachian and Williston basin operations, the firm says; MHR remains committed to the divestiture of $100M-$200M in non-core assets. MHR is now current with all SEC filings, the firm adds.
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Comments (3)
  • srapisardi
    , contributor
    Comments (31) | Send Message
     
    Brilliant!! On the day the issue is trading at $4 they raise the target from $3. What do I do now sell? Of course I would have been out of it long ago if I took the $3 target seriously.
    10 Jul 2013, 01:25 PM Reply Like
  • mitchjl
    , contributor
    Comments (272) | Send Message
     
    Worth less info from Imperial Capital.Like saying its snowing and there is snow on the ground.
    10 Jul 2013, 01:33 PM Reply Like
  • sumo
    , contributor
    Comments (16) | Send Message
     
    What do the analysts really know?
    10 Jul 2013, 01:35 PM Reply Like
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