UPDATE: Bank of America Reiterates on Tesoro as Balanced Portfolio Should Limit Downside

By: Benzinga
In a report published Tuesday, Bank of America analyst Doug Leggate reiterated a Buy rating on Tesoro Corporation (NYSE: TSO ), and raised the price target from $65.00 to $75.00. In the report, Bank of America noted, “We continue to rate Tesoro amongst our preferred sector plays in the US
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