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Analysts Offer Insights on Energy Companies: Murphy Oil (MUR) and Sunoco (SUN)

Analysts fell to the sidelines weighing in on Murphy Oil (MURResearch Report) and Sunoco (SUNResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Murphy Oil (MUR)

In a report released yesterday, Roger Read from Wells Fargo maintained a Hold rating on Murphy Oil, with a price target of $42.00. The company’s shares closed last Thursday at $39.27.

According to TipRanks.com, Read is a 5-star analyst with an average return of 8.9% and a 56.4% success rate. Read covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Calumet Specialty Products, and Liberty Oilfield Services.

Murphy Oil has an analyst consensus of Strong Buy, with a price target consensus of $50.89.

See Insiders’ Hot Stocks on TipRanks >>

Sunoco (SUN)

In a report released yesterday, Ned Baramov from Wells Fargo maintained a Hold rating on Sunoco, with a price target of $54.00. The company’s shares closed last Thursday at $59.44.

According to TipRanks.com, Baramov has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -11.2% and a 45.7% success rate. Baramov covers the NA sector, focusing on stocks such as Western Midstream Partners, NGL Energy Partners, and Antero Midstream.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sunoco with a $55.67 average price target.

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