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Actionable news in COG: CABOT OIL & GAS Corp,

Cabot Oil & Gas (COG) Stock Price Target Raised at Barclays

NEW YORK (TheStreet) -- Cabot Oil & Gas' (COG - Get Report) price target was increased to $20 from $19 at Barclays on Monday morning. The firm also reiterated its "equal weight" rating on the stock.

The higher price target comes after the Houston-based oil and gas company posted better-than-expected results for the 2016 first quarter last week.

The company posted a net loss of 13 cents per share, narrower than the loss of 14 cents analysts had expected. Revenue came in at $281.9 million, above expectations of $263.5 million.

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