UPDATE: Sterne Agee Initiates Coverage on Carrizo Oil & Gas on Upside from Drilling Inventory Expansion, Utica Shale Catalysts
October 04, 2013 at 09:13 AM EDT
In a report published Friday, Sterne Agee analyst Tim Rezvan initiated coverage on Carrizo Oil & Gas (NASDAQ: CRZO ) with a Buy rating and $50.00 price target. In the report, Sterne Agee noted, “We are initiating coverage of Carrizo with a Buy rating and $50 PT. Despite Carrizo's YTD