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Miller Energy Rockets Over 12%

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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
Apr 2015Noble FinancialInitiates Coverage onHold
Dec 2014SunTrust Robinson HumphreyDowngradesBuyNeutral
Dec 2014Imperial CapitalMaintainsOutperform

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View the Latest Analyst Ratings

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

 

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