A judge's ruling to lift a probation on BP drilling in Alaska could provide a big lift to the...

|About: BP p.l.c. (BP)|By:, SA News Editor

A judge's ruling to lift a probation on BP drilling in Alaska could provide a big lift to the company, according to Trefis. The "good news" on the Alaska drilling front and a finding that it wasn't negligent in a 2009 spill helped prompt analysts to lift their price estimate to $60 for shares of BP.