Piper Sandler Maintains Overweight on Marathon Oil, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains an Overweight rating on Marathon Oil (MRO) and raises the price target from $32 to $34.
April 19, 2024 | 5:43 pm
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Piper Sandler maintains an Overweight rating on Marathon Oil and raises the price target from $32 to $34.
The upgrade in the price target by Piper Sandler suggests a positive outlook on Marathon Oil's stock, likely due to anticipated performance improvements or favorable market conditions. This analyst endorsement can positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100