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Tullow Oil's shares surged 14.1% amid high trading volume, despite a lowered price target.
Tullow Oil's shares rose 14.1% on Wednesday, reaching GBX 17.52 ($0.23), with trading volume up 1,210% from average.
The company, focused on oil and gas in Africa, has operations in Ghana, Gabon, and Côte d'Ivoire.
Despite Canaccord Genuity lowering its price target, it maintained a "buy" rating, along with Shore Capital, suggesting continued interest from analysts.
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Las acciones de Tullow Oil aumentaron 14,1% en medio de un alto volumen de comercio, a pesar de un objetivo de precios más bajo.