UPDATE: Deutsche Bank Reiterates Buy Rating, Raises PT on Cimarex Energy Following Conference Call

In a report published Wednesday, Deutsche Bank reiterated its Buy rating on Cimarex Energy Co. (NYSE: XEC ), and raised its price target from $76.00 to $80.00. Deutsche Bank noted, “Cimarex continued a quiet trend of operational beats in the Permian, led by better oil growth (27.1 Mb/d vs. DBe