Whiting Petroleum (WLL) Named Best Idea, PT Raised to $85 at Cowen
Get Alerts WLL Hot Sheet
Rating Summary:
13 Buy, 28 Hold, 8 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Join SI Premium – FREE
Cowen analyst David Deckelbaum raised the price target on Whiting Petroleum (NYSE: WLL) to $85.00 while maintaining an Outperform rating and named the stock a Best Idea for 2022 as free cash flow is accelerating.
The analyst commented, "Whiting is our best idea for 2022. We expect E&P companies in general to benefit from ongoing adherence to return of capital programs and expect newcomers to the ROC concert to be applauded more than most. WLL commands an ideal profile: debt free by year-end and initiating a capital return program in 2022 that is supported by the reality of 100% of EV earned in FCF by 2026."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Teradyne (TER) PT Raised to $125 at TD Cowen
- Comcast Corp (CMCSA) PT Lowered to $48 at Pivotal Research
- Midwich Group (MIDW:LN) PT Raised to GBP5 at HSBC
Create E-mail Alert Related Categories
Analyst Comments, Analyst PT ChangeRelated Entities
Cowen & CoSign 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!