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CPE - Carrizo Oil cut at KeyBanc as no new bidder seen to contest Callon's bid
Callon Petroleum Company
Carrizo Oil and Gas (CRZO-9.4%) falls sharply as KeyBanc downgrades shares to Sector Weight from Overweight without a price target, as the firm does not see another buyer emerging after Callon Petroleum (CPE-9.3%) agreed last month to acquire the company for a 25% premium.
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