Mizuho analyst Will Janela raised the firm’s price target on Murphy Oil to $55 from $53 and keeps a Buy rating on the shares. The analyst updated estimates ahead of the company’s Q1 report.
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Read More on MUR:
- Scotiabank shakes up major oil ratings and price targets
- Murphy Oil downgraded to Sector Perform from Outperform at Scotiabank
- Barclays starts U.S. Integrated Oil & E&P sector with Positive view
- Murphy Oil initiated with an Equal Weight at Barclays
- Murphy Oil price target raised to $59 from $58 at Truist
