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Warren Resources (NASDAQ:WRES)’s share price reached a new 52-week high on Monday , Stock Ratings Network.com reports. The stock traded as high as $4.04 and last traded at $4.01, with a volume of 1,163,231 shares traded. The stock had previously closed at $3.77.

Separately, analysts at Zacks upgraded shares of Warren Resources from a “neutral” rating to an “outperform” rating in a research note on Wednesday, January 22nd. They now have a $3.50 price target on the stock.

Warren Resources, Inc (NASDAQ:WRES) is an independent energy company engaged in the exploration, development and production of domestic onshore crude oil and gas reserves.

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