Truist Securities Maintains Buy on Marathon Oil, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Marathon Oil but lowered the price target from $35 to $27.
September 30, 2024 | 2:51 pm
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NEUTRAL IMPACT
Truist Securities has maintained a Buy rating on Marathon Oil but lowered the price target from $35 to $27, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Marathon Oil's prospects, but the lowered price target indicates a more cautious outlook on its valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100