Miller Energy Rockets Over 12%

Shares of Miller Energy Resources, Inc.

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.