UBS Maintains Neutral on Murphy Oil, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein maintains a Neutral rating on Murphy Oil (NYSE:MUR) but lowers the price target from $49 to $45.
August 13, 2024 | 2:51 pm
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UBS analyst Josh Silverstein maintains a Neutral rating on Murphy Oil but lowers the price target from $49 to $45.
The lowered price target from $49 to $45 by UBS suggests a less optimistic outlook for Murphy Oil, which could negatively impact investor sentiment and short-term stock price.
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