Tullow Oil price target lowered to 40 GBp from 50 GBp at JPMorgan
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 31 2025
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Source: Business Insider
Analyst Rating Update: JPMorgan analyst Kate Somerville has reduced the price target for Tullow Oil (TUWOY) from 50 GBp to 40 GBp while maintaining an Overweight rating on the shares.
Market Activity: Recent developments include Tullow Oil being downgraded by Panmure Liberum and reinstated with an Underperform rating at Jefferies, along with the termination of preliminary talks with Kosmos Energy.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
