Mizuho Maintains Neutral on Marathon Oil, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Neutral rating on Marathon Oil (NYSE:MRO) and raises the price target from $30 to $31.
September 18, 2023 | 2:33 pm
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Mizuho maintains a Neutral rating on Marathon Oil and raises the price target from $30 to $31. This could potentially indicate a slight increase in the stock's value.
The raised price target by Mizuho indicates a potential increase in the stock's value. However, the Neutral rating suggests that the stock is expected to perform in line with the market or other comparable stocks. Therefore, while the news is positive, it may not result in a significant increase in the stock's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100