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Fly News Breaks for October 26, 2017
MUSA
Oct 26, 2017 | 07:49 EDT
Jefferies analyst Christopher Mandeville sees room for continued appreciation of Murphy USA shares on prospects of a new buyback as well as greater EBITDA growth in 2018. Upside on a Q3 beat is "likely now curbed," however, post the recent share rally, Mandeville tells investors in a pre-earnings research note. The analyst upped his price target for Murphy USA to $87 from $86 and keeps a Buy rating on the name.
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