Stifel Maintains Buy on Marathon Oil, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield maintains a Buy rating on Marathon Oil (NYSE:MRO) and raises the price target from $38 to $39.
August 11, 2023 | 3:13 pm
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POSITIVE IMPACT
Stifel analyst maintains a Buy rating on Marathon Oil and raises the price target to $39, which could potentially increase investor confidence and drive the stock price up.
The raised price target by Stifel indicates a positive outlook for Marathon Oil. This could potentially increase investor confidence in the stock, leading to increased demand and a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100