Alliance Oil Price Target Cut to $60.10 by Analysts at Citigroup Inc. (AOIL.SBD)
Research analysts at Citigroup Inc. decreased their target price on shares of Alliance Oil (ST:AOIL.SBD) from $60.20 to $60.10 in a report released on Tuesday, American Banking News.com reports. The firm currently has a “neutral” rating on the stock.
Separately, analysts at Merrill Lynch downgraded shares of Alliance Oil from a “buy” rating to an “underperform” rating in a research note to investors on Friday, September 27th. They now have a $45.00 price target on the stock, down previously from $51.50.
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