Continental Resources (CLR) Receives a Rating Update from a Top Analyst

TipRanks
Oct. 24, 2022, 10:36 AM

In a report released today, Vincent Lovaglio from Mizuho Securities maintained a Hold rating on Continental Resources (CLR - Research Report), with a price target of $74.00. The companys shares opened today at $73.89.

Lovaglio covers the Utilities sector, focusing on stocks such as Devon Energy, Diamondback, and APA. According to TipRanks, Lovaglio has an average return of 46.7% and an 88.21% success rate on recommended stocks.

In addition to Mizuho Securities, Continental Resources also received a Hold from Raymond Jamess John Freeman in a report issued today. However, on October 18, Piper Sandler maintained a Sell rating on Continental Resources (NYSE: CLR).

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CLR market cap is currently $26.46B and has a P/E ratio of 9.19.

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Continental Resources, Inc. engages in the exploration, development and production of crude oil and natural gas. Its operations are focuses on the MT Bakken; Red River Unites; STACK; Arkoma Woodford; SCOOP; and Other. The company was founded by Harold G. Hamm in 1967 and is headquartered in Oklahoma City, OK.

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