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UPDATE: BofA Securities Upgrades Marathon Oil (MRO) to Neutral

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UPDATE: Morgan Stanley Upgrades Marathon Oil (MRO) to Equalweight

June 18, 2021 2:23 AM EDT

(Updated - June 18, 2021 2:47 AM EDT)

Morgan Stanley analyst Devin McDermott upgraded Marathon Oil (NYSE: MRO) from Underweight to Equalweight with a price target of $15.00 (from $12.00).

The analyst comments "Our prior UW thesis was underpinned by MROs shorter inventory life,exposure to Dakota Access... More