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Fly News Breaks for March 31, 2017
CRZO
Mar 31, 2017 | 09:18 EDT
Seaport Global analysts led by Mike Kelly upgraded Carrizo Oil & Gas to Buy and lowered its price target to $38 from $40. The analyst said valuation is compelling following year-to-date underperformance and sees a potential major catalyst coming from the Delaware Basin. Kelly believes Carrizo could buy private player 3ROC, which would increase its acreage position.
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