Seeking Alpha

Continental Resources (CLR +2.2%) is initiated with a Buy rating and $94 price target at...

Continental Resources (CLR +2.2%) is initiated with a Buy rating and $94 price target at Deutsche Bank, which views CLR as uniquely positioned, with the dominant Bakken position in the industry, peer leading volume and cash flow growth, and deep resource inventory with significant upside from lower benches and downspacing. The firm sees costs and capital efficiency turning a corner in 2013.
Comments (1)
  • Rockin in The Bakken! Long CLR
    4 Jan 2013, 08:24 PM Reply Like
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