Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Tesoro Logistics (ANDX) Stock Price

Media headlines about Tesoro Logistics (NYSE:ANDX) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tesoro Logistics earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave press coverage about the oil and gas company an impact score of 46.8248655295816 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Tesoro Logistics (NYSE:ANDX) opened at 45.53 on Friday. The firm has a market capitalization of $4.92 billion, a PE ratio of 23.96 and a beta of 1.11. Tesoro Logistics has a one year low of $43.00 and a one year high of $60.14. The company’s 50-day moving average price is $48.42 and its 200 day moving average price is $50.67.

Several equities analysts recently issued reports on ANDX shares. Morgan Stanley started coverage on Tesoro Logistics in a report on Wednesday, August 2nd. They set an “overweight” rating for the company. Mitsubishi UFJ Financial Group raised Tesoro Logistics from a “neutral” rating to an “overweight” rating and set a $60.00 price objective for the company in a report on Wednesday, August 16th.

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About Tesoro Logistics

Andeavor Logistics LP, formerly Tesoro Logistics LP, is a full-service logistics company operating in the western and mid-continent regions of the United States. The Company operates through three segments. Its Gathering segment consists of crude oil, natural gas and produced water gathering systems in the Bakken Region and Rockies Region.

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