Morgan Stanley Maintains Equal-Weight on Marathon Oil, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott has maintained an Equal-Weight rating on Marathon Oil (MRO) and increased the price target from $26 to $27.

April 15, 2024 | 4:38 pm
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Morgan Stanley has maintained an Equal-Weight rating on Marathon Oil and raised the price target to $27.
The increase in price target by Morgan Stanley suggests a positive outlook on Marathon Oil's stock, potentially leading to a short-term increase in its stock price. The Equal-Weight rating indicates that the stock is expected to perform in line with the market or sector, but the raised target suggests some optimism about the company's prospects.
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IMPORTANCE 75
RELEVANCE 100