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CXO - Continental Resources Concho cut at Citigroup on valuation
Concho Resources Inc.
Continental Resources (CLR-0.1%) and Concho Resources (CXO-0.1%) are little changed even as Citigroup downgrades shares of both companies to Neutral from Buy on valuation, with the firm cutting its price target for CLR to $35 from $55 and for CXO to $81 from $119.
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