CLR Downgrade

dan_s · Post by **dan_s** » Tue May 06, 2014 12:42 pm

Continental Resources downgraded to Hold from Buy at Societe Generale
Societe Generale downgraded Continental Resources to Hold citing valuation and raised its price target for shares to $143 from $129.

This makes now sense to me, especially the day before first quarter results come out. How to you justify a downgrade and raise the price target at the same time? This as got to be a screw-up in the press release.