Morgan Stanley Maintains Equal-Weight on Murphy Oil, Lowers Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott has maintained an Equal-Weight rating on Murphy Oil (NYSE:MUR) and lowered the price target from $44 to $43.
July 13, 2023 | 1:50 pm
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Morgan Stanley has maintained an Equal-Weight rating on Murphy Oil and lowered the price target from $44 to $43.
The news directly pertains to Murphy Oil as Morgan Stanley has maintained an Equal-Weight rating on the company and lowered the price target. This could potentially influence investor sentiment and the stock's price, but the impact is neutral as the rating has not changed, only the price target has been slightly lowered.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100