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Shares of Tesoro were climbing over 2.3% during mid-morning trading on Tuesday.
Here are Tuesday's top research calls, including downgrades for Ambarella and BlackBerry, and upgrades for PVH Corp. and Zynga.
Policy remains important, but earnings are where it's at, and they are easily quantifiable.
TSO looks vulnerable to further declines to $72 or even $70.