UBS Maintains Neutral on Marathon Oil, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein maintains a Neutral rating on Marathon Oil (NYSE:MRO) and lowers the price target from $30 to $28.
September 18, 2024 | 2:35 pm
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UBS analyst Josh Silverstein has maintained a Neutral rating on Marathon Oil and reduced the price target from $30 to $28, indicating a slightly less optimistic outlook.
The lowering of the price target from $30 to $28 by UBS suggests a less optimistic view on Marathon Oil's short-term performance, which could lead to a negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced target may influence investor sentiment.
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IMPORTANCE 80
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