Piper Sandler Maintains Overweight on Murphy Oil, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains an Overweight rating on Murphy Oil (NYSE:MUR) and raises the price target from $49 to $55.
April 19, 2024 | 5:44 pm
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POSITIVE IMPACT
Piper Sandler maintains an Overweight rating on Murphy Oil and raises the price target from $49 to $55.
The increase in price target by Piper Sandler suggests a positive outlook on Murphy Oil's future performance, likely leading to increased investor confidence and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100