Demystifying Marathon Oil: Insights From 6 Analyst Reviews
Portfolio Pulse from Benzinga Insights
The article provides an analysis of recent analyst ratings for Marathon Oil (NYSE:MRO), highlighting a mix of bullish and bearish perspectives. Over the past 30 days, analysts have shown a neutral to somewhat bullish sentiment, with a notable decrease in the average price target by 10.31%. Key analysts from firms like Scotiabank, Susquehanna, JP Morgan, Mizuho, and Wells Fargo have adjusted their ratings and price targets, reflecting their updated views on the company's performance and market conditions.
August 12, 2024 | 6:01 pm
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Marathon Oil (NYSE:MRO) has received mixed analyst ratings over the past 30 days, with a decrease in the average price target by 10.31%. Key analysts from Scotiabank, Susquehanna, JP Morgan, Mizuho, and Wells Fargo have adjusted their ratings and price targets, reflecting a cautious outlook on the company's performance.
The mixed analyst ratings and the decrease in the average price target indicate a cautious outlook on Marathon Oil's performance. While some analysts have raised their price targets, others have lowered them, reflecting uncertainty in the company's future prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100