Northland Securities upgraded shares of Lilis Energy Inc (NASDAQ:LLEX) from a market perform rating to an outperform rating in a report issued on Monday morning, Marketbeat.com reports. They currently have $6.00 target price on the stock.

LLEX has been the topic of several other reports. Zacks Investment Research upgraded shares of Lilis Energy from a sell rating to a hold rating in a research report on Wednesday, August 23rd. SunTrust Banks, Inc. started coverage on shares of Lilis Energy in a research report on Monday, August 14th. They set a buy rating and a $7.00 target price on the stock. Leerink Swann started coverage on shares of Lilis Energy in a research report on Monday. They set an outperform rating and a $6.00 target price on the stock. Finally, Seaport Global Securities started coverage on shares of Lilis Energy in a research report on Tuesday, May 23rd. They set a buy rating and a $8.50 target price on the stock. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Lilis Energy currently has a consensus rating of Buy and an average price target of $6.88.

Shares of Lilis Energy (NASDAQ LLEX) opened at 3.66 on Monday. The stock’s market cap is $185.99 million. Lilis Energy has a 52-week low of $1.70 and a 52-week high of $5.69. The stock’s 50 day moving average is $4.05 and its 200 day moving average is $4.36.

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Hedge funds have recently made changes to their positions in the company. Gilder Gagnon Howe & Co. LLC purchased a new stake in shares of Lilis Energy during the second quarter worth about $3,384,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Lilis Energy during the second quarter worth about $180,000. State Street Corp purchased a new stake in shares of Lilis Energy during the second quarter worth about $2,762,000. Vanguard Group Inc. purchased a new stake in shares of Lilis Energy during the second quarter worth about $4,046,000. Finally, Northern Trust Corp purchased a new stake in shares of Lilis Energy during the second quarter worth about $2,137,000.

About Lilis Energy

Lilis Energy, Inc is an upstream independent oil and gas company. The Company is engaged in the acquisition, drilling and production of oil and natural gas properties and prospects. The Company drills for, operates and produces oil and natural gas wells through its land holdings located in Wyoming, Colorado, and Nebraska.

Analyst Recommendations for Lilis Energy (NASDAQ:LLEX)

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