Citigroup Maintains Buy on Marathon Oil, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber maintains a Buy rating on Marathon Oil (NYSE:MRO) and raises the price target from $27 to $29.
July 13, 2023 | 10:23 am
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POSITIVE IMPACT
Citigroup maintains a Buy rating on Marathon Oil and raises the price target from $27 to $29. This could potentially lead to an increase in the stock's price.
The raised price target by Citigroup indicates a positive outlook for Marathon Oil. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100