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Resolute Energy Initiated At Buy Given 'Impressive' Permian Basin Potential
Wednesday, October 5, 2016 - 9:36am | 274Rodman & Renshaw analyst Noel Parks initiated coverage on Resolute Energy Corp (NYSE: REN) with a Buy rating and $32 price target. The bullish rating is based on a risked Net Asset Value (NAV) and optimism regarding Permian Basin wells, specifically in the Delaware Basin, said Parks....