Whiting Petroleum price target raised to $102 from $96 at Brean Capital

theflyonthewall.com

Brean Capital raised its price target on Whiting Petroleum (WLL) to $102 from $96 following its proposed acquisition of Kodiak Oil & Gas (KOG), which is expected to be accretive across all metrics in 2015. Noting a forecast of higher commodity prices, Brean says Whiting represents the most attractive opportunity in its coverage universe and keeps a Buy rating on the stock.

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