Benchmark Maintains Buy on Marathon Oil, Lowers Price Target to $28
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Subash Chandra maintains a Buy rating on Marathon Oil (NYSE:MRO) but has lowered the price target from $32 to $28.
July 14, 2023 | 12:27 pm
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Benchmark analyst has maintained a Buy rating on Marathon Oil but lowered the price target from $32 to $28.
The news directly pertains to Marathon Oil (MRO). The maintained Buy rating indicates continued confidence in the company, but the lowered price target may suggest some caution. This could have a neutral short-term impact on the stock as the positive and negative signals balance each other out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100