Citi lowered the firm’s price target on Comstock Resources (CRK) to $23 from $25 and keeps a Neutral rating on the shares. The firm updated the company’s model post the Q4 report.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRK:
- Comstock Resources Earnings Call Highlights Cash, Flexibility
- Comstock Resources price target lowered to $19 from $20 at Morgan Stanley
- Comstock Resources price target lowered to $17 from $18 at UBS
- Comstock Resources: Elevated Capex, Cash Outspend, and Premium Valuation Justify Neutral Stance Despite Longer-Term Gas Upside
- Comstock Resources reports Q4 adjusted EPS 16c, consensus 11c