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Fly News Breaks for April 20, 2015
MRO
Apr 20, 2015 | 06:51 EDT
Morgan Stanley upgraded Marathon Oil to Overweight and increased its price target to $37 from $25. The firm said Marathon has lagged the 2015 energy rally year-to-date and sees potential catalysts in 2015 that include an Eagle Ford recovery/resource, continued Upper EF/Austin chalk acreage delineation, Bakken DSU down spacing results, and a likely Hector EUR increase. Price target increased to $37 from $25.
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