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Fly News Breaks for October 19, 2015
CRZO
Oct 19, 2015 | 07:54 EDT
Canaccord lowered its price target on Carrizo Oil & Gas to $50 from $54, but keeps the stock as a top pick in the current environment. The price target was lowered to reflect dilution from its equity raise. The firm likes the company's low risk drilling inventory, low cost structure, and solid balance sheet and reiterated its Buy rating on Carrizo Oil & Gas shares.
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