Seaport Global Securities initiated coverage on shares of Tellurian (NASDAQ:TELL) in a research report report published on Thursday, MarketBeat Ratings reports. The firm issued a buy rating and a $14.00 price target on the oil and gas producer’s stock.
A number of other research analysts have also recently weighed in on the stock. Cowen started coverage on shares of Tellurian in a research note on Friday, November 17th. They set an outperform rating and a $13.50 target price on the stock. BidaskClub cut shares of Tellurian from a hold rating to a sell rating in a research note on Thursday.
Tellurian (TELL) traded up $0.10 on Thursday, hitting $9.59. 1,449,500 shares of the company were exchanged, compared to its average volume of 651,549. Tellurian has a 52 week low of $6.30 and a 52 week high of $21.74.
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Tellurian Inc, formerly Magellan Petroleum Corporation, is an oil and gas exploration and production company. The Company focuses on the development of liquefied natural gas (LNG) projects along the United States Gulf Coast through its subsidiary, Tellurian Investments Inc The Company owns interests in the Horse Hill-1 well and related licenses in the Weald Basin, onshore the United Kingdom, and an exploration block, NT/P82, in the Bonaparte Basin, offshore Northern Territory, Australia.
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