Morgan Stanley Sees Financial Plan On Track For Midstates Petroleum Company

In a report published Thursday, Morgan Stanley analyst Drew Venker reiterated an Equal-Weight rating and $6.00 price target on

. In the report, Morgan Stanley noted, “At its Analyst Day, Midstates reaffirmed its commitment to reducing leverage while disclosing preliminary guidance for 2015 for lower spending YoY. MPO also highlighted its differentiated approach to the Miss Lime.” Midstates Petroleum Company closed on Wednesday at $3.19.