Morgan Stanley upgraded shares of Tullow Oil (OTCMKTS:TUWLF) from an equal weight rating to an overweight rating in a research report report published on Thursday, StockTargetPrices.com reports.
Several other analysts have also recently commented on the stock. 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. Cantor Fitzgerald cut shares of Tullow Oil from a hold rating to a sell rating in a research note on Thursday, June 30th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of Hold.
Tullow Oil (OTCMKTS:TUWLF) opened at 3.43 on Thursday. The company’s 50 day moving average is $3.06 and its 200-day moving average is $3.17. The company’s market cap is $3.13 billion. Tullow Oil has a 12 month low of $1.72 and a 12 month high of $4.29.
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