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UBS Reaffirms Their Sell Rating on Comstock Resources (CRK)

Tipranks - Tipranks - Wed Jun 17, 6:36AM CDT

UBS analyst Peyton Dorne maintained a Sell rating on Comstock Resources today and set a price target of $13.00.

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Dorne covers the Energy sector, focusing on stocks such as Comstock Resources, Magnolia Oil & Gas, and Matador Resources. According to TipRanks, Dorne has an average return of 12.3% and a 62.50% success rate on recommended stocks.

In addition to UBS, Comstock Resources also received a Sell from Roth MKM’s Leo Mariani in a report issued yesterday. However, today, KeyBanc maintained a Hold rating on Comstock Resources (NYSE: CRK).

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Based on Comstock Resources’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $587.35 million and a net profit of $136.48 million. In comparison, last year the company earned a revenue of $512.85 million and had a GAAP net loss of $121.28 million

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