Dahlman Rose Initiates CARBO Ceramics Coverage

Dahlman Rose initiated CARBO Ceramics CRR coverage with a Buy rating and $215 price target in a research report published today. In the report, Dahlman Rose states, "We are initiating coverage with a Buy rating and $215 target. The fundamental change in North American well completion designs towards more stages per well should allow Carbo to continue to sell out their rapidly growing production." Shares of Carbo Ceramics closed today at $174.65, down 0.24% from Tuesday's market close.