Tullow Oil (OTCMKTS:TUWLF) was upgraded by Morgan Stanley from an “equal weight” rating to an “overweight” rating in a note issued to investors on Thursday, StockTargetPrices.com reports.
Several other research firms have also issued reports on TUWLF. Cantor Fitzgerald lowered Tullow Oil from a “hold” rating to a “sell” rating in a research note on Thursday, June 30th. Goldman Sachs Group Inc. upgraded Tullow Oil from a “neutral” rating to a “buy” rating in a research note on Friday, July 8th. Three research analysts have rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company. Tullow Oil currently has an average rating of “Hold”.
Shares of Tullow Oil (OTCMKTS:TUWLF) opened at 3.16 on Thursday. 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 52 week low of $1.72 and a 52 week high of $4.29. The firm’s market cap is $2.88 billion.
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