Benchmark Maintains Buy on Marathon Oil, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Subash Chandra maintains a Buy rating on Marathon Oil (NYSE:MRO) but has lowered the price target from $32 to $28.
October 12, 2023 | 3:19 pm
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NEUTRAL IMPACT
Benchmark analyst has maintained a Buy rating on Marathon Oil but lowered the price target from $32 to $28.
The news is directly about Marathon Oil and its price target. While the Buy rating is maintained, the lowering of the price target might indicate a slower growth than previously expected, which could have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100