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Halcon Resources Corp (NYSE:HK) was downgraded by equities researchers at RBC Capital from an “outperform” rating to a “sector perform” rating in a research report issued on Wednesday, Analyst Ratings Network.com reports. They currently have a $4.00 price target on the stock, down from their previous price target of $6.00. RBC Capital’s price target points to a potential downside of 2.68% from the stock’s previous close.

HK has been the subject of a number of other recent research reports. Analysts at Global Hunter Securities upgraded shares of Halcon Resources Corp from a “reduce” rating to a “neutral” rating in a research note on Tuesday, February 4th. Separately, analysts at Barclays initiated coverage on shares of Halcon Resources Corp in a research note on Monday, February 3rd. They set an “equal weight” rating and a $4.00 price target on the stock. Finally, analysts at Morgan Stanley upgraded shares of Halcon Resources Corp from an “underweight” rating to an “equal weight” rating in a research note on Thursday, December 5th. They now have a $4.00 price target on the stock, down previously from $5.00. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $6.10.

Halcon Resources Corp (NYSE:HK) opened at 4.11 on Wednesday. Halcon Resources Corp has a 1-year low of $3.16 and a 1-year high of $8.12. The stock’s 50-day moving average is $3.55 and its 200-day moving average is $4.33. The company’s market cap is $1.704 billion.

Halcon Resources Corporation (NYSE:HK) is an independent energy company focused on the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the United States.

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