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Enter Symbol:
Cimarex Energy Co (XEC) [hlAlert]

Neutral XEC
up 37.91 %

Cimarex Energy Co (XEC) downgraded to Neutral with price target $115 by UBS

Posted on: Thursday,  Feb 17, 2011  10:25 AM ET by UBS

UBS rated Neutral Cimarex Energy Co (NYSE: XEC) on 02/17/2011. Previously UBS rated Buy Cimarex Energy Co (NYSE: XEC) on 11/18/2010.,
when the stock price was $81.94. Since then, Cimarex Energy Co has gained 37.92% as of 02/17/2011's recent price of $113.01.
If you would have followed the previous UBS's recommendation on XEC, you would have gained 37.91% of your investment in 91 days.

Cimarex Energy is an independent oil and gas exploration and production company focused on increasing shareholder value through strategies linked to generating attractive economic returns on capital employed and profitable growth in per-share reserves, production, and cash flow. They intend to profitably grow reserves and production through a balanced mix of exploration, exploitation and acquisitions. They have a diversified base of high-quality production along with attractive drilling opportunities.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/17/2011 10:25 AM Hold
113.01 115.00
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD up  27.65 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/18/2010 11:25 AM Buy
81.94 91.00
2/11/2009 8:25 AM Hold
4/17/2008 10:25 AM Buy

(*) Stock Price at the time of the recommendation.
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