UPDATE: Euro Pacific Capital Lowers Price Target on FX Energy on Production Test Results
July 09, 2013 at 15:48 PM EDT
In a report published Tuesday, Euro Pacific Capital analyst Joel Musante lowered the price target on FX Energy (NASDAQ: FXEN ) from $5.50 to $5.00, holding the company to a Speculative Buy rating. In the report, Euro Pacific Capital stated, “FXEN announced that its Plawce 2 exploration well was