Mizuho Maintains Buy on Murphy Oil, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vincent Lovaglio maintains a Buy rating on Murphy Oil (NYSE:MUR) and raises the price target from $51 to $53.
September 18, 2023 | 2:35 pm
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POSITIVE IMPACT
Mizuho maintains a Buy rating on Murphy Oil and raises the price target from $51 to $53, which could potentially increase investor confidence and drive the stock price up in the short term.
The raised price target by Mizuho indicates a positive outlook for Murphy Oil. This could potentially increase investor confidence and drive the stock price up in the short term. However, the actual impact will depend on market conditions and investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100