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Fly News Breaks for October 10, 2019
CLR
Oct 10, 2019 | 06:31 EDT
Mizuho analyst Paul Sankey downgraded Continental Resources to Neutral from Buy with a $38 price target. The analyst says that while the company has taken steps to reduce leverage and initiated its own cash return strategy, he has too much concern about the trajectory of spending and the quality of its unconventional opportunity longer-term to remain Buy-rated.
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