NYSE:TLLP - New York Stock Exchange, Inc. - US88160T1079
In a report released yesterday, T J Schultz from RBC Capital reiterated a Buy rating on Tesoro Logistics (NYSE: TLLP), with a price target of $64. The company’s shares opened today at $51.57. According to TipRanks.com, Schultz is a top 100 analyst with an average return of 16.0% and a 69.0% success rate. Schultz covers
The post Tesoro Logistics Receives a New Rating from Top Analyst appeared first on Analyst Ratings.
The first half of 2017 marked the worst performance for crude oil since 1998. The price of West Texas Intermediate and Brent crude both fell 14% in the first half of the year. Coal and natural gas also declined by more than 10% in the first half.
TLLP – Tesoro Logistics delivers proposal to acquire all of the outstanding common units of Western Refining Logistics in exchange for Common Units of the Issuer, at an exchange ratio of 0.4906 Common Units of Issuer for each WNRL Common Unit.
TLLP – Increases quarterly dividend per unit to $0.971/share from $0.94/share.