UPDATE: Jefferies Reiterates Buy Rating, Raises PT on Continental Resources

In a report published Wednesday, Jefferies reiterated its Buy rating on Continental Resources CLR, and raised its price target from $91.00 to $98.00. Jefferies noted, “Adjusting our estimates ahead of q4 earnings season. Please see our note published this morning entitled ‘EPS Preview: Year Could End With A Whimper' for our overview on what to expect this earnings season as well as our thoughts on individual companies.” Continental Resources closed on Tuesday at $83.69.