UPDATE: KeyBanc Capital Markets Downgrades Carrizo Oil & Gas to Hold, Reiterates $28 PT
Posted on January 23, 2013 at 09:44 AM EST
In a report published Wednesday, KeyBanc Capital Markets downgraded its rating on Carrizo Oil & Gas (NASDAQ: CRZO ) from Buy to Hold, and reiterated its $28.00 price target. KeyBanc Capital Markets noted, “We view the Company's lack of capital discipline to be harmful to value creation and the resulting