In a report published Friday, MLV & Co. analyst Chad Mabry reiterated a Buy rating and $86.00 price target on Carrizo Oil & Gas CRZO.
In the report, MLV & Co noted, “We hosted CRZO management for investor meetings in Portland and Seattle earlier this week. Significant client interest and positive company commentary reinforce our investment thesis on the name. We believe the Street is undervaluing CRZO's core assets and expect ongoing execution to drive the stock toward our $86 price target. We reiterate our Buy rating and top pick status.”
Carrizo Oil & Gas closed on Thursday at $65.23.
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