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Analysts lower price targets for Murphy Oil stock to $36.33 after earnings miss, stock drops to $25.65.
Analysts have lowered their price targets for Murphy Oil (MUR) stock due to disappointing earnings.
The company missed revenue and earnings estimates for the fiscal-year fourth quarter.
Multiple firms, including Barclays and Wells Fargo, reduced their price targets, with an average consensus target of $36.33 and a "Hold" rating.
The stock fell to $25.65, with a market cap of $3.74 billion.
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Analistas objetivos de precios más bajos para Murphy Oil stock a $36.33 después de la pérdida de ganancias, stock cae a $25.65.