Analyst Ratings for Tesoro Corporation (TSO) [Buys]

Overall Rating: BUY Rating Trend:

Avg. $ Target: $50.33 (-20.5%)

Date	Firm	Type	Rating (Past)	PT (Past)	Start $	End $	% Chg.	Details
2/11/2013	BofA/Merrill Lynch	Upgrade	Buy (Neutral)	N/A (N/A)	53.86	63.28	17.49%	Details
12/14/2012	Imperial Capital	Upgrade	Outperform (In-Line)	N/A (N/A)	41.36	63.28	53%	Details
12/13/2012	Credit Suisse	Upgrade	Outperform (Neutral)	60.00 (N/A)	39.99	63.28	58.24%	Details
8/17/2012	JPMorgan	New Coverage	Overweight (N/A)	49.00 (N/A)	38.70	63.28	63.51%	Details
7/23/2012	Tudor Pickering	New Coverage	Buy (N/A)	N/A (N/A)	27.43	63.28	130.7%	Details
7/12/2012	Howard Weil	Upgrade	Outperform (Sector Perform)	N/A (N/A)	26.38	63.28	139.88%	Details
7/12/2012	Wells Fargo	New Coverage	Outperform (N/A)	34.00 (N/A)	26.38	63.28	139.88%	Details
6/1/2012	UBS » Updated 5/20/2013	Upgrade	Buy (N/A)	69.00 (61.00)	22.12	63.28	186.08%	Details
4/27/2012	Dahlman Rose	New Coverage	Buy (N/A)	33.00 (N/A)	23.48	63.28	169.51%	Details
11/1/2011	Global Hunter Securities	New Coverage	Buy (N/A)	40.00 (N/A)	25.94	63.28	143.95%	Details
8/24/2011	Benchmark » Updated 11/22/2011	Upgrade	Buy (N/A)	32.00 (N/A)	20.11	63.28	214.67%	Details
7/6/2011	Barclays » Updated 5/20/2013	Upgrade	Overweight (N/A)	120.00 (92.00)	23.15	63.28	173.35%	Details
2/15/2011	Simmons	Upgrade	Overweight (N/A)	N/A (N/A)	23.66	63.28	167.46%	Details
1/19/2011	CRT Capital	New Coverage	Buy (N/A)	N/A (N/A)	19.23	63.28	229.07%	Details
1/13/2011	Oppenheimer » Updated 11/13/2012	Upgrade	Outperform (N/A)	50.00 (50.00)	18.77	63.28	237.13%	Details

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