Canaccord Genuity Downgrades Magnum Hunter Resources To Hold

Canaccord Genuity downgraded

from Buy to Hold. The price target for Magnum Hunter Resources has been lowered from $3.00 to $2.00. Magnum Hunter Resources shares have dropped 75.58 percent over the past 52 weeks, while the S&P 500 index has surged 10.60 percent in the same period. Magnum Hunter Resources' shares fell 1.05 percent to $1.89 in pre-market trading.