Posted at 3:00 p.m., Monday, March 26, 2007
Analyst downgrades Tesoro shares to 'sell' from 'hold'
Advertiser Staff
Shares of Tesoro Corp., which operates a refinery in Hawai'i, were downgraded to "sell" from "hold" by analyst Paul Sankey at Deutsche Bank, according to Bloomberg News.The company's stock price has jumped 51 percent so far this year, rising from the December close of $65.77 to $99.46 in trading today. Sankey set a target price of $85.00 per share, Bloomberg News reported.
