Truist Securities Maintains Buy on Murphy Oil, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a Buy rating on Murphy Oil (NYSE:MUR) and raises the price target from $58 to $59.
April 05, 2024 | 5:24 pm
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Truist Securities analyst Neal Dingmann maintains a Buy rating on Murphy Oil and raises the price target from $58 to $59.
The maintenance of a Buy rating combined with an increased price target suggests a positive outlook on Murphy Oil's stock by Truist Securities. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100