McMoRan Exploration shares a buy, especially below $9, says Ladenburg Ladenburg said it would be a buyer of McMoRan Exploration shares at current levels for the near term, especially below $9 per share. The firm points out McMoRan has three other ultradeep wells drilling that are all making progress and likely to be less complicated completions than Davy Jones. Ladenburg keeps a Buy rating on the stock with a $9 price target.
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