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Fly News Breaks for April 19, 2017
MUSA
Apr 19, 2017 | 06:36 EDT
Wells Fargo analyst Bonnie Herzog last night downgraded Murphy USA to Market Perform from Outperform and lowered her price target range for the shares to $67-$69 from $73-$75. The "very soft" Q1 pre-release is likely an anomaly, but concerns about near-term fuel industry headwinds and a lack of near-term positive catalysts is likely to limit the stock's upside, Herzog tells investors in a research note.
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