Piper Sandler Maintains Overweight on Murphy Oil, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains an Overweight rating on Murphy Oil (NYSE:MUR) and raises the price target from $50 to $53.
August 14, 2023 | 2:28 pm
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Piper Sandler maintains an Overweight rating on Murphy Oil and raises the price target from $50 to $53, indicating a positive outlook for the company.
The raised price target by Piper Sandler indicates a positive outlook for Murphy Oil. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100