Halcon Resources Corp. (NYSE:HK) was upgraded by Wunderlich from a “hold” rating to a “buy” rating in a report released on Tuesday.

Several other research firms also recently issued reports on HK. Jefferies Group restated a “hold” rating on shares of Halcon Resources Corp. in a report on Tuesday, August 23rd. Capital One Financial Corp. raised shares of Halcon Resources Corp. from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, September 14th. Finally, Zacks Investment Research cut shares of Halcon Resources Corp. from a “buy” rating to a “hold” rating in a research note on Monday, September 19th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $3.78.

Analyst Recommendations for Halcon Resources Corp. (NYSE:HK)

Shares of Halcon Resources Corp. (NYSE:HK) opened at 8.19 on Tuesday. The company’s market cap is $29.57 million. Halcon Resources Corp. has a one year low of $6.90 and a one year high of $115.52. The company’s 50-day moving average price is $9.55 and its 200 day moving average price is $14.69.

A number of institutional investors have recently made changes to their positions in the stock. Nomura Asset Management Co. Ltd. acquired a new position in shares of Halcon Resources Corp. during the third quarter valued at $8,557,000. Senvest Management LLC acquired a new position in shares of Halcon Resources Corp. during the third quarter valued at $3,145,000. New York Life Investment Management LLC acquired a new position in shares of Halcon Resources Corp. during the third quarter valued at $2,414,000. JPMorgan Chase & Co. raised its position in shares of Halcon Resources Corp. by 20,288.3% in the third quarter. JPMorgan Chase & Co. now owns 4,961,293 shares of the energy company’s stock valued at $46,536,000 after buying an additional 4,936,959 shares in the last quarter. Finally, Alleghany Corp DE acquired a new position in shares of Halcon Resources Corp. during the third quarter valued at $325,000.

About Halcon Resources Corp.

Halcon Resources Corporation 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. The Company’s estimated total proved oil and natural gas reserves are approximately 146.8 million barrels of oil equivalent (MMBoe), consisting of over 120.7 million barrels of oil (MMBbls), approximately 13.0 MMBbls of natural gas liquids and over 78.4 billion cubic feet (Bcf) of natural gas.

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