Mizuho Maintains Buy on Murphy Oil, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vincent Lovaglio has maintained a 'Buy' rating on Murphy Oil (NYSE:MUR) and raised the price target from $48 to $51.
August 16, 2023 | 10:54 am
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POSITIVE IMPACT
Mizuho has maintained a 'Buy' rating on Murphy Oil and raised the price target from $48 to $51, which could positively impact the stock's price.
The raised price target indicates that the analyst sees potential for the stock's price to increase. This could lead to increased investor confidence and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100