Wells Fargo Downgrades Oasis Petroleum (OAS) to Market Perform, Shares Are Fully Valued
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Price: $109.30 --0%
Rating Summary:
17 Buy, 20 Hold, 8 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
17 Buy, 20 Hold, 8 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Wells Fargo downgraded shares of Oasis Petroleum (NYSE: OAS) to a Market Perform rating from its previous rating of Outperform. The firm reiterated its price valuation range of $32-$38.
The firm believes shares are "fully valued at this time." Wells Fargo notes that investors who would like to make a play on Bakken or oil should look to Whiting Petroleum Corporation (NYSE: WLL).
For an analyst ratings summary and ratings history on Oasis Petroleum click here. For more ratings news on Oasis Petroleum click here.
Shares of Oasis Petroleum closed at $33.76 yesterday.
The firm believes shares are "fully valued at this time." Wells Fargo notes that investors who would like to make a play on Bakken or oil should look to Whiting Petroleum Corporation (NYSE: WLL).
For an analyst ratings summary and ratings history on Oasis Petroleum click here. For more ratings news on Oasis Petroleum click here.
Shares of Oasis Petroleum closed at $33.76 yesterday.
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