JP Morgan Initiates Canadian Natural Resource With Overweight

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JP Morgan initiated coverage on
Canadian Natural Resource Ltd (USA)CNQ
with a Overweight rating. The target price for Canadian Natural is set to $85. Canadian Natural shares have dropped 25.43 percent over the past 52 weeks, while the S&P 500 index has surged 10.60 percent in the same period. Canadian Natural shares fell 0.20 percent to close at $30.46 yesterday.
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Posted In: InitiationAnalyst RatingsJP Morgan
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