Keybanc Maintains Overweight on Murphy Oil, Raises Price Target to $53
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Leo Mariani has maintained an Overweight rating on Murphy Oil (NYSE:MUR) and raised the price target from $47 to $53.
August 23, 2023 | 8:01 am
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Murphy Oil's price target has been raised from $47 to $53 by Keybanc, maintaining an Overweight rating.
The raised price target indicates that the analyst sees potential for the stock's price to increase. This could lead to positive sentiment among investors, potentially driving the stock price up in the short term.
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