Wells Fargo Maintains Overweight on Murphy USA, Raises Price Target to $440
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Anthony Bonadio has maintained an Overweight rating on Murphy USA (NYSE:MUSA) and increased the price target from $395 to $440.
February 09, 2024 | 1:59 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on Murphy USA and raised the price target from $395 to $440.
The increase in price target by a reputable analyst like Anthony Bonadio suggests a strong bullish outlook on Murphy USA. This is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100