Magnum Hunter (MHR -5.7%) is initiated with a Neutral rating and $6 price target at Goldman...

|About: Magnum Hunter Resources Corp. (MHRCQ)|By:, SA News Editor

Magnum Hunter (MHR -5.7%) is initiated with a Neutral rating and $6 price target at Goldman Sachs. While the firm is positive on shale exposure from Bakken, Eagle Ford and Marcellus, MHR is still building in these areas and scale is crucial to confidence in longer-term execution.