Instinet (Nomura) Downgrades Marathon Oil (MRO) to Hold

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Argus Upgrades Marathon Oil (MRO) to Buy

December 14, 2016 9:59 AM EST

Argus upgraded Marathon Oil (NYSE: MRO) from Hold to Buy with a price target of $52.00.

The firm has a favorable view of this strategy and believe MRO offers an exceptional opportunity of a diverse, high-return inventory within its three primary resource... More

UPDATE: UBS Downgrades Marathon Oil (MRO) to Neutral

December 13, 2016 6:55 AM EST

(Updated - December 13, 2016 9:38 AM EST)

UBS downgraded Marathon Oil (NYSE: MRO) from Buy to Neutral with a price target of $20.00 (from $17.00). Analyst William A. Featherston thinks shares are approaching fair value following recent outperformance.

"Our target multiple of 6.0x... More