Carrizo Oil & Gas (CRZO) Tops Q1 EPS by 2c

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Imperial Capital Raises Price Target on Carrizo Oil & Gas (CRZO) Following 1Q Earnings Beat

May 5, 2016 10:39 AM EDT

Imperial Capital reiterated an Outperform rating on Carrizo Oil & Gas (NASDAQ: CRZO), and raised the price target to $39.00 (from $30.00), following the company's 1Q earnings report. The company reported EPS of $0.16 the consensus estimates of $0.13. The companys EBITDA of $92.5mn beat the consensus of $84.7mn.

Analyst Kim Pacanovsky commented, "We are maintaining our Outperform rating... More