UBS Maintains Neutral on Murphy Oil, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein has maintained a Neutral rating on Murphy Oil (NYSE:MUR) and raised the price target from $50 to $53.
October 04, 2023 | 3:51 pm
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NEUTRAL IMPACT
UBS analyst has maintained a Neutral rating on Murphy Oil and raised the price target from $50 to $53.
The news is directly about Murphy Oil. The Neutral rating indicates that the analyst does not expect significant price movement in the short term. However, the increase in price target could be seen as a positive signal, potentially leading to a slight increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100