CONTL RESOURCES (CLR) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of CONTL RESOURCES (CLR) from NEUTRAL to UNDERPERFORM on October 02, 2014, with a target price of $62.30.

CONTINENTAL RESOURCES is a crude-oil concentrated, independent oil and natural gas exploration and production company with operations in the Rocky Mountain, Mid-Continent and Gulf Coast regions of the United States. The Company focuses its operations in large new and developing plays where horizontal drilling, advanced fracture stimulation and enhanced recovery technologies provide the means to economically develop and produce oil and natural gas reserves from unconventional formations.

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