Carrizo Oil & Gas upgraded to Neutral from Underperform at Credit Suisse Credit Suisse upgraded Carrizo based on an improving growth outlook and depth of its Eagle Ford project inventory. Price target raised to $45 from $37.
Carrizo Oil & Gas price target raised to $55 from $48 at Canaccord Canaccord raised its price target on Carrizo Oil & Gas to $55 from $48, citing the company's large, low risk drilling inventory in the Eagle Ford as well as positions in the Niobrara and Utica. The quality acreage combined with a low cost structure and solid balance sheet make it a top pick, the firm said. Canaccord reiterated its Buy rating on Carrizo Oil & Gas shares.