Marathon Oil (MRO) Stock: $29 Price Target From Credit Suisse

By Amit Chowdhry ● May 5, 2022
  • The shares of Marathon Oil (NYSE: MRO) have received a $29 price target from Credit Suisse. These are the details.

The shares of Marathon Oil (NYSE: MRO) have received a $29 price target from Credit Suisse. And Credit Suisse analyst William Janela increased the price target on Marathon Oil from $26 while maintaining a “Neutral” rating on the shares.

Janela adjusted the rating following the company’s first-quarter results. Marathon Oil reported a Q1 EPS of $1.02, which was $0.10 better than analyst estimates of $0.92. And the revenue for the quarter was $1.75 billion compared to the consensus estimate of $1.71 billion.

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