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Fly News Breaks for September 7, 2017
CRZO
Sep 7, 2017 | 07:51 EDT
As previously reported, Mizuho downgraded Carrizo Oil & Gas to Neutral from Buy and slashed its price target to $17 from $32. Analyst Timothy Rezvan said Carrizo faces too many near-term headwinds and doesn't see NAV upside driving near-term stock outperformance. He trimmed second half 2017 production to reflect a likely impact to Eagle Ford operations, and awaits news on asset sales and Delaware Basin execution.
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