By: Benzinga
UPDATE: BMO Capital Markets Upgrades Comstock Resources to Outperform on Risk.Reward
BMO Capital Markets upgraded Comstock Resources (NYSE: CRK ) from Market Perform to Outperform and maintained a $17.00 price target. BMO Capital Markets said, "We believe current trading levels present a favorable risk/reward at which to gain exposure to early-stage exploration efforts targeting the Wolfcamp resource in Reeves County, TX,
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