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Fly News Breaks for February 29, 2016
CLR
Feb 29, 2016 | 07:54 EDT
Stephens analyst Ben Wyatt upgraded Continental Resources to Overweight from Equal Weight, saying his assumption of a 2017 exit rate "well above" 200 Mboepd should position the company well for 2018 and that he views the stock's valuation as appealing compared to its peers. The analyst raised his price target on Continental shares to $30 from $24.
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