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Fly News Breaks for July 23, 2019
MUR
Jul 23, 2019 | 04:55 EDT
Goldman Sachs analyst Brian Singer upgraded Murphy Oil to Buy from Neutral with an unchanged price target of $30. The analyst believes the company's free cash flow generation is being underappreciated by the market. He views the current valuation as "discounted" and has a favorable view of Murphy Oil's medium-term exploration prospects.
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