UPDATE: Tesoro Petroleum (TSO) Reports Q2 EPS of $3.47

Go back to UPDATE: Tesoro Petroleum (TSO) Reports Q2 EPS of $3.47

Simmons Raises Price Target on Tesoro Petroleum (TSO) to $82; Remains Bullish

August 5, 2016 9:35 AM EDT

Simmons reiterated an Overweight rating on Tesoro Corporation (NYSE: TSO), and raised the price target to $82.00 (from $78.00), following the company's 2Q earnings report.

Analyst Jeff Dietert commented, "TSO 2Q adjusted earnings were slightly below expectations and FY16 improved utilization and efficiency gains were... More