Truist Securities Maintains Buy on Murphy Oil, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a Buy rating on Murphy Oil (NYSE:MUR) and raises the price target from $56 to $60.
June 05, 2023 | 1:52 pm
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POSITIVE IMPACT
Truist Securities maintains a Buy rating on Murphy Oil and raises the price target from $56 to $60.
The news of Truist Securities maintaining a Buy rating on Murphy Oil and raising the price target from $56 to $60 indicates a positive outlook for the company's stock. This could lead to an increase in investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100