UPDATE: Wells Fargo Upgrades Whiting Petroleum (WLL) to Outperform

(updated to add analyst name, price target, and comment)

Wells Fargo upgraded Whiting Petroleum (NYSE: WLL) from Market Perform to Outperform, price target $67.00 (from $53.00)

The analyst comments "With shares trading at a discount, we believe this gap should close as the company executes on its plan to generate free cash flow, grow its inventory in the Williston, and reduce leverage."

For an analyst ratings summary and ratings history on Whiting Petroleum click here. For more ratings news on Whiting Petroleum click here.

Shares of Whiting Petroleum closed at $40.00 yesterday.

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