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Fly News Breaks for February 12, 2019
MCF
Feb 12, 2019 | 11:35 EDT
As previously reported, Roth Capital analyst John White downgraded Contango Oil & Gas to Neutral from Buy and reduced his price target to $4 from $5. In a research note to investors, White also said he moved his 2019 WTI crude oil price estimate lower to $55/bbl from $65/bbl to better reflect the current commodity price environment, and cut his estimates for Q4 EPS to (20c) from (9c).
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