Tullow Oil (TUWLF) Lifted to Overweight at Morgan Stanley
Tullow Oil (OTCMKTS:TUWLF) was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a research note issued to investors on Thursday.
A number of other research firms have also recently weighed in on TUWLF. Cantor Fitzgerald cut shares of Tullow Oil from a “hold” rating to a “sell” rating in a report on Thursday, June 30th. Goldman Sachs Group Inc. upgraded shares of Tullow Oil from a “neutral” rating to a “buy” rating in a research report 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. The stock has a consensus rating of “Hold”.
Tullow Oil (OTCMKTS:TUWLF) remained flat at $3.16 during trading on Thursday. Tullow Oil has a 12-month low of $1.72 and a 12-month high of $4.29. The company has a 50-day moving average of $3.05 and a 200-day moving average of $3.16. The stock’s market capitalization is $2.88 billion.
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