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Fly News Breaks for October 7, 2016
CLR
Oct 7, 2016 | 07:43 EDT
Canaccord analyst Stephen Berman raised his price target on Continental Resources to $60 from $51. The analyst noted the company is a pioneer in the development of the STACK/SCOOP plays in Oklahoma and is achieving impressive results. Berman, who believes the company's deleveraging and free cash flow will be drivers, reiterated his Buy rating on Continental Resources shares.
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