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Berry Petroleum Shares Jump After Upgrade

Stock quotes in this article: BRY  

NEW YORK (AP) — Shares of Berry Petroleum Co. jumped Friday after an analyst upgraded the independent oil and gas producer, saying it will likely benefit from rising oil prices.

The stock rose $1.23, or 6.1 percent, to $21.46 in afternoon trading. Shares have traded between $5.50 and $62.15 in the past 52 weeks.

Goldman Sachs analyst Brian Singer upgraded the Denver-based company to "Buy" from "Neutral," citing the company's strong oil production outlook as crude prices continue to climb. ...

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