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Conocophillips (COP.US) and Marathon Oil (MRO.US) are facing another review of their trade as the FTC requests acquisition information for the second time.
ConocoPhillips said on Friday that it has received a second request from the U.S. Federal Trade Commission (FTC) for information related to its acquisition of rival Marathon Oil (MRO.US).
Assessing Marathon Oil: Insights From 10 Financial Analysts
In the preceding three months, 10 analysts have released ratings for Marathon Oil (NYSE:MRO), presenting a wide array of perspectives from bullish to bearish.The following table encapsulates their
Marathon Oil Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/12/2024 1.4% Scotiabank $45 → $29 Downgrades Sector Outperform → Sector Perform 06/05/2024 18.88%
Scotiabank Downgrades Marathon Oil(MRO.US) to Hold Rating, Cuts Target Price to $29
Scotiabank analyst Paul Cheng downgrades $Marathon Oil(MRO.US)$ to a hold rating, and adjusts the target price from $45 to $29.According to TipRanks data, the analyst has a success rate of 48.3% and
ConocoPhillips, Marathon Oil Get Second US FTC Request Over $22.5 Billion Deal
Express News | Marathon Oil Corp : Scotiabank Cuts Target Price to $29 From $45