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Fly News Breaks for July 30, 2018
WLL
Jul 30, 2018 | 08:02 EDT
Baird analyst Joseph Allman raised his price target on Whiting Petroleum to $61 from $50 as he updated his model for the latest financial and operating data. The analyst said he expects to hear the company update its retail sales process when the company reports this week. Allman said cash flow, capex, free cash flow generation and cash are all growing while its debt declines. Allman reiterated his Outperform rating on Whiting Petroleum shares.
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