Mizuho Maintains Neutral on Marathon Oil, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Neutral rating on Marathon Oil (NYSE:MRO) and lowers the price target from $31 to $28.

May 19, 2023 | 10:56 am
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NEUTRAL IMPACT
Mizuho analyst Nitin Kumar maintains a Neutral rating on Marathon Oil (NYSE:MRO) and lowers the price target from $31 to $28.
The news directly mentions Marathon Oil (NYSE:MRO) and the lowered price target by Mizuho analyst Nitin Kumar. The Neutral rating suggests that the stock is not expected to outperform or underperform the market in the short term. The lowered price target may have a neutral impact on the stock price as it indicates a potential decrease in the stock's value, but the Neutral rating suggests that the stock is not expected to deviate significantly from its current performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100