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Evercore ISI Starts Callon Petroleum (CPE) at Buy

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Imperial Capital Adjusts Estimates Following Callon Petroleum's (CPE) Announced Acquisition Agreement

September 30, 2016 7:17 AM EDT

Imperial Capital reiterated an Outperform rating on Callon Petroleum (NYSE: CPE), and raised the price target to $18.00 (from $16.00), following the company's announced agreement to acquire additional leasehold in Howard County. Imperial increased FY16 production estimates to 15.9mboe/d from 15.4mboe/d. At the time... More