As previously reported, Credit Suisse analyst Betty Jiang downgraded Continental Resources to Neutral and also lowered her price target to $34 from $42. The analyst notes that while still strong, the company's free cash flows and production growth are "less differentiated" today as over 75% of large/mid-size E&Ps are growing free cash flows and output. Jiang also warns that given the lower oil strip prices, Continental Resources' free cash flow yield may be reduced from about 4% this year to 0.4% in 2020 while its peer group's yield rises from 0.6% to 1.0%. The analyst is further concerned that the company's capital returns may be hampered.