Murphy Oil Corp. (MUR) Declares $2.50 Special Dividend; 4.2% Yield

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Brean Murray Carret & Co. Upgrades Murphy Oil Corp. (MUR) to Buy

October 17, 2012 7:17 AM EDT

Brean Murray Carret & Co. upgraded Murphy Oil Corp. (NYSE: MUR) from Hold to Buy with a price target of $73.00.

The firm comments, "We like MUR's new strategic moves announced yesterday that indicate an intent to maximize value and optimize capital... More

Barclays Downgrades Murphy Oil Corp. (MUR) to Equalweight

October 17, 2012 6:56 AM EDT

Barclays downgraded Murphy Oil Corp. (NYSE: MUR) from Overweight to Equalweight with a price target of $70.

The firm comments, "MUR shares are up 14% since it was publically approached by an activist shareholder, including up 8.0% yesterday (versus EPX up 1.6%, SPX up 1.0%) to... More