Nomura Initiates Cimarex Energy At Neutral

Nomura initiated coverage on

with a Neutral rating. The target price for Cimarex Energy is set to $130. Cimarex Energy shares have gained 1.39 percent over the past 52 weeks, while the S&P 500 index has surged 11.58 percent in the same period. Cimarex Energy shares fell 2.20 percent to close at $124.24 yesterday.