Tullow Oil (TUWLF) Lifted to “Overweight” at Morgan Stanley
Tullow Oil (OTCMKTS:TUWLF) was upgraded by investment analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a report issued on Thursday, StockTargetPrices.com reports.
Several other research firms have also commented on TUWLF. Cantor Fitzgerald lowered shares of Tullow Oil from a “hold” rating to a “sell” rating in a research note on Thursday, June 30th. Goldman Sachs Group Inc. upgraded shares of Tullow Oil from a “neutral” rating to a “buy” rating in a research note on Friday, July 8th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold”.
Shares of Tullow Oil (OTCMKTS:TUWLF) remained flat at $3.16 during midday trading on Thursday. The stock’s market capitalization is $2.88 billion. The company has a 50 day moving average price of $3.05 and a 200 day moving average price of $3.16. Tullow Oil has a 12 month low of $1.72 and a 12 month high of $4.29.
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