Comstock Resources price target raised to $24 from $23 at Citi

Citi raised the firm’s price target on Comstock Resources (CRK) to $24 from $23 and keeps a Neutral rating on the shares. The firm updated small-cap exploration and production models to reflect higher oil and gas price forecasts. Citi believes oil weighted companies are showing “robust capital discipline and a strong focus on shareholder returns.”