Comstock Resources (CRK) Not Affected by $100M Add-On Offering - S&P

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FBR Capital Downgrades Comstock Resources (CRK) to Market Perform

May 9, 2014 6:25 AM EDT

FBR Capital downgraded Comstock Resources (NYSE: CRK) from Outperform to Market Perform with a price target of $27.00 on valuation.

Analyst Rehan Rashi said, "Underpinned by a rebound in natural gas prices and positive industry... More