Piper Sandler Maintains Overweight on Murphy Oil, Lowers Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains an Overweight rating on Murphy Oil (NYSE:MUR) and lowers the price target from $60 to $59.
May 18, 2023 | 1:03 pm
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Piper Sandler analyst Mark Lear maintains an Overweight rating on Murphy Oil and lowers the price target from $60 to $59.
The news of Piper Sandler maintaining an Overweight rating on Murphy Oil and lowering the price target from $60 to $59 is directly related to MUR. The lowered price target may have a neutral impact on the stock price in the short term, as the change is relatively small and the Overweight rating is maintained.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100