C.K. Cooper Comments on Houston American Energy

C.K. Cooper provided color on Houston American Energy (NYSE: HUSA) in a research report published today. C.K. Cooper has previously given Houston American Energy a Buy rating and $15 price target.

In the report, C.K. Cooper states, "Our speculative BUY rating and price target remains under review, pending results from exploration test wells at CPO-4 and Serrania. A move to raise the price target would not be supported by new information and a downgrade of our rating might send the wrong message, given the near-term expectation for exploration test results."

Shares of Houston American Energy were trading at $15.08 at the time of posting, down 8.16% from Tuesday's market close.