Andeavor (NYSE:TSO)‘s stock had its “buy” rating reiterated by analysts at J P Morgan Chase & Co in a report released on Friday. They currently have a $121.00 price objective on the stock. J P Morgan Chase & Co’s target price points to a potential upside of 9.83% from the company’s previous close.

Separately, Evercore ISI raised Andeavor to a “buy” rating and set a $128.00 price objective for the company in a research report on Thursday.

Andeavor (TSO) traded up $0.44 during trading hours on Friday, reaching $110.17. The company’s stock had a trading volume of 1,150,000 shares, compared to its average volume of 1,180,000. Andeavor has a 1 year low of $75.11 and a 1 year high of $111.27.

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Several hedge funds have recently bought and sold shares of TSO. Oppenheimer Asset Management Inc. acquired a new position in shares of Andeavor during the first quarter worth about $284,000. Janus Capital Management LLC boosted its position in shares of Andeavor by 95.6% during the first quarter. Janus Capital Management LLC now owns 86,972 shares of the company’s stock worth $7,049,000 after buying an additional 42,513 shares during the period. Nomura Asset Management Co. Ltd. boosted its position in shares of Andeavor by 4.6% during the first quarter. Nomura Asset Management Co. Ltd. now owns 17,602 shares of the company’s stock worth $1,427,000 after buying an additional 774 shares during the period. DnB Asset Management AS boosted its position in shares of Andeavor by 35.0% during the second quarter. DnB Asset Management AS now owns 15,800 shares of the company’s stock worth $1,479,000 after buying an additional 4,100 shares during the period. Finally, Livforsakringsbolaget Skandia Omsesidigt boosted its position in shares of Andeavor by 8.2% during the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 36,149 shares of the company’s stock worth $3,384,000 after buying an additional 2,729 shares during the period.

About Andeavor

Andeavor, formerly Tesoro Corporation, is an independent petroleum refining, logistics and marketing company. he Company operates through three segments. The Refining operating segment refines crude oil and other feedstocks into transportation fuels, such as gasoline and gasoline blendstocks, jet fuel and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas and petroleum coke for sale in bulk markets to a range of customers within its markets.

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