WPX Energy Provides Operational Update
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KLR Group Raises Price Target on WPX Energy (WPX) to $14; Reiterates Buy
June 8, 2016 8:02 AM UTCKLR Group reiterated a Buy rating on WPX Energy (NYSE: WPX), and raised the price target to $14.00 (from $13.00). WPX priced ~56.9 million shares of common stock at $9.80, equating to gross proceeds of ~$557 million.
Analyst Gail Nicholson commented, "We are increasing our target... More
