JPMorgan Downgrades Canadian Natural Resources Limited (CNQ) to Neutral, Cuts Price Target

JPMorgan downgraded shares of Canadian Natural Resources Limited (NYSE: CNQ) to a Neutral rating from its previous rating of Overweight.

The firm also cut its price target from $57 to $45.00.

For more ratings news on Canadian Natural Resources Limited click here and for the rating history of Canadian Natural Resources Limited click here.

Shares of Canadian Natural Resources Limited closed at $29.54 yesterday, with a 52 week range of $25.69-$52.04.

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