By: Benzinga
UPDATE: Societe Generale Downgrades Murphy Oil to Hold on Limited Upside
Societe Generale downgraded Murphy Oil (NYSE: MUR ) from Buy to Hold with a $66 price target. Societe Generale noted, "Since the middle of last year, the stock did react well to downstream and retail gasoline business restructurings, and initial buyback activity. In order to maintain a BUY under
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