UPDATE: Oppenheimer Raises PT on Rex Energy Corporation Following Positive Utica Results
April 03, 2013 at 15:17 PM EDT
In a report published Wednesday, Oppenheimer analyst Daniel Katzenberg reiterated an Outperform rating on Rex Energy Corporation (NASDAQ: REXX ), and raised the price target from $16.00 to $19.00. In the report, Katzenberg noted, “Following encouraging Utica results in its Warrior South Prospect, we are reaffirming our Outperform rating and