FX Energy price target raised to $7.50 from $6.25 at Brean Capital

theflyonthewall.com

Brean Capital raised its price target on FX Energy to reflect steady positive news flow from exploration activities and improving fundamentals for Polish natural gas. The firm believes the market is not pricing in any exploration success while the company has had in excess of 80% success rate using 3-D. Shares are Buy rated.

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