Cimarex Update - Nov 24
Posted: Sat Nov 24, 2018 3:37 pm
I got deeper into the merger with REN and tweaked my forecast/valuation model. My post-merger valuation is $146/share, $3.50/share higher than my current valuation of XEC. First Call's price target is $124.83.
BTW I do check the First Call price targets each week and XEC's was the only one to go higher this week.
BTW I do check the First Call price targets each week and XEC's was the only one to go higher this week.