Citigroup Maintains Neutral on Marathon Oil, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber maintains a Neutral rating on Marathon Oil and lowers the price target from $29 to $28.
September 05, 2024 | 6:40 pm
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Citigroup analyst Scott Gruber maintains a Neutral rating on Marathon Oil and lowers the price target from $29 to $28, indicating a slightly less optimistic outlook.
The lowering of the price target from $29 to $28 by Citigroup suggests a slightly less optimistic view on Marathon Oil's short-term performance. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target could lead to a minor negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100