Citigroup Initiates Coverage On Tamboran Resources with Buy Rating, Announces Price Target of $32
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Diamond has initiated coverage on Tamboran Resources (NYSE:TBN) with a Buy rating and set a price target of $32.

July 22, 2024 | 4:48 pm
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Citigroup analyst Paul Diamond has initiated coverage on Tamboran Resources with a Buy rating and set a price target of $32.
The initiation of coverage with a Buy rating and a specific price target of $32 by a major financial institution like Citigroup is likely to positively impact the stock price of Tamboran Resources in the short term. This is because such coverage often leads to increased investor interest and confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100