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Wells Fargo Remains a Hold on Murphy Oil (MUR)

Wells Fargo Remains a Hold on Murphy Oil (MUR)

In a report released yesterday, Hanwen Chang from Wells Fargo maintained a Hold rating on Murphy Oil, with a price target of $26.00. The company's shares closed yesterday at $24.33.
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Chang covers the Energy sector, focusing on stocks such as Vital Energy, Matador Resources, and SM Energy. According to TipRanks, Chang has an average return of -2.8% and a 37.68% success rate on recommended stocks.
Murphy Oil has an analyst consensus of Hold, with a price target consensus of $27.89, representing a 14.63% upside. In a report released on July 16, J.P. Morgan also maintained a Hold rating on the stock with a $27.00 price target.
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