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Magnum Hunter Resources (MHR) shares reached a four-month high as Credit Suisse initiated...

Magnum 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.
Comments (3)
  • berniespear
    , contributor
    Comments (232) | Send Message
     
    go MHR go!!!!
    13 Sep 2012, 09:17 PM Reply Like
  • JailDoc
    , contributor
    Comments (47) | Send Message
     
    I think $ 6 is too low as an outlook on this stock. I have followed it for
    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.
    13 Sep 2012, 09:35 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2482) | Send Message
     
    I think this is realistically worth $15 in two years time. Stay long
    21 Sep 2012, 01:27 AM Reply Like
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