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Fly News Breaks for July 17, 2017
MUSA
Jul 17, 2017 | 05:48 EDT
Strong retail fuel margins and cost controls position Murphy USA for better than expected Q2 results, Jefferies analyst Christopher Mandeville tells investors in a pre-earnings research note. He expects the momentum to continue in the second half of 2017 amid improving comps and greater cost management. The analyst raised his price target for the shares to $83 from $77 and keeps a Buy rating on Murphy.
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