Goldman Sachs Starts Midstates Petroleum (MPO) at Neutral
Tweet
Share
E-mailGet Alerts MPO Hot Sheet
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
Join SI Premium – FREE
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- ICICI Securities Resumes Oberoi Realty Ltd (OBER:IN) at Buy (1)
- Oppenheimer Starts Carriage Services (CSV) at Outperform
- RBC Capital Starts Krystal Biotech (KRYS) at Outperform
Create E-mail Alert Related Categories
New CoverageRelated Entities
Goldman SachsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
