Wells Fargo Maintains Equal-Weight on Murphy Oil, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Equal-Weight rating on Murphy Oil (NYSE:MUR) and raised the price target from $45 to $46.
August 28, 2023 | 12:54 pm
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Wells Fargo has maintained an Equal-Weight rating on Murphy Oil and raised the price target from $45 to $46.
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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