Murphy Oil (MUR) Soars to 52-Week High on 21% Price Target, Rating Upgrade

Murphy Oil Corp. (NYSE:MUR) is one of the 10 Must-Watch Stocks Right Now. Murphy Oil rallied to a new 52-week high on Friday, as investors snapped up shares after an investment firm upgraded its rating and price target by 21 percent on optimism for its ongoing oil drilling program in Vietnam. At intra-day trading, the stock soared to a record high of $36.90 before paring gains to finish the session just up by 6.02 percent at $36.81 apiece. In a market note during the day, Piper Sandler raised Murphy Oil ...