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Fly News Breaks for August 17, 2016
CRZO
Aug 17, 2016 | 07:01 EDT
Imperial Capital analyst Kim Pacanovsky raised her price target for Carrizo Oil & Gas to $45 from $39 saying the company should benefit from lower costs and a late 2016 capex boost. Carrizo Oil & Gas continues to maintain a 2-rig program, which should allow it to operate near cash flow and keep its credit metrics "strong," the analyst tells investors in a research note. She reiterates an Outperform rating on the shares.
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