Jefferies & Co Downgrades Oil & Gas Drilling & Exploration Stocks
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Jefferies & Co downgrades Vanguard Natural Resources (NYSE: VNR) from Buy to Hold. Price target $18.
Jefferies also downgrades Continental Resources (CLR), Quicksilver (NYSE: KWK) and W&T Offshore (NYSE: WTI) from Buy to Hold.
CLR's price target lowered to $43, KWK's price target raised $1 to $14 and WTI price target raised $0.50 to $12.
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