Piper Sandler Maintains Overweight on Murphy Oil, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains an Overweight rating on Murphy Oil (NYSE:MUR) but lowers the price target from $54 to $44.
August 15, 2024 | 11:36 am
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NEUTRAL IMPACT
Piper Sandler maintains an Overweight rating on Murphy Oil but lowers the price target from $54 to $44.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100