Market Overview

Miller Energy Rockets Over 12%

Share:
Related MILL
Deutsche Bank Quants Identify Best Stocks To Short
Morning Market Movers
Miller Energy +7% as it starts production at two new gas wells (Seeking Alpha)

Shares of Miller Energy Resources (NYSE: MILL) have surged over 12 percent following an upgrade from SunTrust analyst Neal Dingmann.

Dingmann has upgraded the stock from Neutral to Buy and raised the price target from $8 to $10.

As the basis for his upgrade, Dingmann noted that he sees Miller's production growing by approximately 180 percent this year and ~60 percent next year due to acquisitions and wells in the Cook Inlet and North Slope.

Latest Ratings for MILL

DateFirmActionFromTo
Dec 2014SunTrust Robinson HumphreyDowngradesBuyNeutral
Dec 2014Imperial CapitalMaintainsOutperform
Oct 2014MLV & CoMaintainsBuy

View More Analyst Ratings for MILL
View the Latest Analyst Ratings

Posted-In: Neal Dingmann SunTrust Robinson HumphreyAnalyst Color News Upgrades Price Target Analyst Ratings

 

Related Articles (MILL)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→