UPDATE: Morgan Stanley Maintains Overweight on Cimarex Energy, Expects Offset in Weak 2014 Guidance
January 14, 2014 at 11:25 AM EST
In a report published Tuesday, Morgan Stanley analyst Drew Venker maintained an Overweight rating on Cimarex Energy Company (NYSE: XEC ), with a $130.00 price target. According to the report, exploration success in two untested projects (notably better in Culberson Wolfcamp A) offset slightly weaker 2014 guidance. Success with
