UBS Maintains Neutral on Marathon Oil, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein maintains a Neutral rating on Marathon Oil (MRO) and lowers the price target from $28 to $27.
March 06, 2024 | 5:49 pm
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NEUTRAL IMPACT
UBS analyst Josh Silverstein maintains a Neutral rating on Marathon Oil and lowers the price target from $28 to $27.
The adjustment in price target by UBS reflects a slight negative sentiment towards Marathon Oil's short-term price potential, but the maintenance of a Neutral rating suggests no significant change in the company's overall outlook. This could lead to a neutral short-term impact on MRO's stock price as the market digests this new target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90