UPDATE: JP Morgan Cuts PT to $21 on Carrizo Oil & Gas on Model Update
February 21, 2013 at 13:00 PM EST
JP Morgan reiterated Carrizo Oil & Gas (NASDAQ: CRZO ) with a Neutral rating and lowered the price target from $31.50 to $21.00. JP Morgan commented, "We are decreasing our price target to $21 from $31.50. We base this target on 300%