UPDATE: Imperial Capital Initiates Coverage on FX Energy Awaiting Further Drilling Results and Production Additions

In a report published Friday, Imperial Capital analyst Kim Pacanovsky initiated coverage on FX Energy (NASDAQ: FXEN ) with an In-Line rating and $3.60 price target. In the report, Imperial Capital noted, “We are initiating coverage of FXEN shares with an In-Line rating and one-year price target of $3.50, about