Global Hunter Securities Downgrades Harvest Natural Resources (HNR) to Neutral

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Global Hunter Securities downgraded Harvest Natural Resources (NYSE: HNR) from Buy to Neutral following news the $725MM sale of its Petrodelta assets in Venezuela to Indonesian state oil company Pertamina is to be terminated, as the government of Indonesia did not approve the deal.

For an analyst ratings summary and ratings history on Harvest Natural Resources click here. For more ratings news on Harvest Natural Resources click here.

Shares of Harvest Natural Resources closed at $9.16 yesterday, with a 52 week range of $4.85-$10.83.

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