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Fly News Breaks for August 9, 2018
CRK
Aug 9, 2018 | 06:33 EDT
Ladenburg Thalmann analyst Michael Schmitz upgraded Comstock Resources to Buy with an unchanged price target of $11. The recent pullback in shares provides an attractive entry point, Schmitz tells investors in a research note. With completion of new $700M credit facility and pricing of $850M of senior notes, Comstock is likely to successfully complete its refinancing plan, the analyst adds.
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