Piper Sandler assumed coverage on shares of Tamboran Resources (NYSE:TBN – Free Report) in a research report released on Monday morning, MarketBeat.com reports. The brokerage issued an overweight rating and a $41.00 price objective on the stock.
Separately, Royal Bank of Canada initiated coverage on shares of Tamboran Resources in a report on Monday. They issued a sector perform rating and a $31.00 price objective on the stock.
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Tamboran Resources Stock Down 3.0 %
About Tamboran Resources
We are an early stage, growth-driven independent natural gas exploration and production company focused on an integrated approach to the commercial development of the natural gas resources in the Beetaloo located within the Northern Territory of Australia. We and our working interest partners have exploration permits (“EPs”) to approximately 4.7 million contiguous gross acres (approximately 1.9 million net acres to Tamboran) and are currently the largest acreage holder in the Beetaloo.
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