Scotiabank Maintains Sector Perform on Marathon Oil, Lowers Price Target to $27.61
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Paul Cheng maintains a Sector Perform rating on Marathon Oil (NYSE:MRO) but lowers the price target from $29 to $27.61.
August 12, 2024 | 3:44 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Scotiabank analyst Paul Cheng maintains a Sector Perform rating on Marathon Oil but lowers the price target from $29 to $27.61.
The lowered price target from $29 to $27.61 suggests a less optimistic outlook for Marathon Oil's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100