Goldman Sachs Starts Midstates Petroleum (MPO) at Neutral
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Price: $5.12 --0%
Rating Summary:
3 Buy, 10 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
3 Buy, 10 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs initiates coverage on Midstates Petroleum (NYSE: MPO) with a Neutral rating and $20 price target.
"We see sharp high-margin oil growth coming from key Wilcox fields," the firm said. That said, with upside since the IPO they believe success is needed from drilling on its relatively sizeable acreage outside its big four fields for continued outperformance.
For an analyst ratings summary and ratings history on Midstates Petroleum click here. For more ratings news on Midstates Petroleum click here.
Shares of Midstates Petroleum closed at $14.92 yesterday.
"We see sharp high-margin oil growth coming from key Wilcox fields," the firm said. That said, with upside since the IPO they believe success is needed from drilling on its relatively sizeable acreage outside its big four fields for continued outperformance.
For an analyst ratings summary and ratings history on Midstates Petroleum click here. For more ratings news on Midstates Petroleum click here.
Shares of Midstates Petroleum closed at $14.92 yesterday.
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