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Tullow Oil plc logo Canaccord Genuity lowered shares of Tullow Oil (LON:TLW) to a speculative buy rating in a report published on Thursday morning, Digital Look reports. The brokerage currently has GBX 220 ($2.87) price objective on the stock, down from their prior price objective of GBX 270 ($3.53). A number of other brokerages have also recently commented on TLW. HSBC increased their price objective on shares of Tullow Oil from GBX 220 ($2.87) to GBX 230 ($3.01) and gave the company a hold rating in a research note on Thursday, August 15th. Berenberg Bank lowered their price objective on shares of Tullow Oil from GBX 260 ($3.40) to GBX 230 ($3.01) and set a buy rating on the stock in a research note on Thursday. Barclays lowered their price objective on shares of Tullow Oil from GBX 270 ($3.53) to GBX 200 ($2.61) and set an overweight rating on the stock in a research note on Thursday. Royal Bank of Canada reissued an outperform rating on shares of Tullow Oil in a research note on Thursday, September 12th. Finally, JPMorgan Chase & Co. cut shares of Tullow Oil to a neutral rating and lowered their price objective for […]
