Wells Fargo Adjusts Continental Resources' Price Target to $82 says overweight
clr-now underweight
clr-now underweight
Barclays Adjusts Continental Resources' Price Target to $64 From $44, Reiterates Underweight Rating after raising outlook to 64
Wells Fargo Adjusts Continental Resources' Price Target to $82 says overweight
Wells Fargo Adjusts Continental Resources' Price Target to $82 says overweight
Re: clr-now underweight
Barclays analyst Jeanine Wai seems to have the lowest share price target on all of the upstream companies that she evaluates. She is always "behind the curve", so I ignore her valuation.
Wells Fargo, Raymond James, RBC Capital and Stifel are the most accurate IMO.
Wells Fargo, Raymond James, RBC Capital and Stifel are the most accurate IMO.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: clr-now underweight
KeyBanc analyst Leo Mariani maintained a Buy rating on Continental Resources today and set a price target of $68.00. The company’s shares closed last Wednesday at $63.67, close to its 52-week high of $64.53.
According to TipRanks.com, Mariani is a top 100 analyst with an average return of 35.0% and a 65.4% success rate. Mariani covers the Utilities sector, focusing on stocks such as Centennial Resource Development, Whiting Petroleum Corporation, and California Resources Corp.
Currently, the analyst consensus on Continental Resources is a Moderate Buy with an average price target of $64.44, implying a 1.1% upside from current levels. In a report issued on March 14, Wells Fargo also maintained a Buy rating on the stock with a $82.00 price target.
According to TipRanks.com, Mariani is a top 100 analyst with an average return of 35.0% and a 65.4% success rate. Mariani covers the Utilities sector, focusing on stocks such as Centennial Resource Development, Whiting Petroleum Corporation, and California Resources Corp.
Currently, the analyst consensus on Continental Resources is a Moderate Buy with an average price target of $64.44, implying a 1.1% upside from current levels. In a report issued on March 14, Wells Fargo also maintained a Buy rating on the stock with a $82.00 price target.
Re: clr-now underweight
My take is that some of the Wall Street Gang considers CLR to have more risk because they don't hedge. To some extent that is true, but it also means CLR has a lot more upside if oil goes to $150/bbl, which becomes more probable the longer the war in Ukraine drags on.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: clr-now underweight
Thats why i like it, I think oil is going to 150 on its way to 200