By: Benzinga
February 11, 2013 at 12:33 PM EST
UPDATE: Credit Suisse Reiterates Outperform Rating, Raises PT on Marathon Oil Corporation on FY Guidance
In a report published Monday, Credit Suisse reiterated its Outperform rating on Marathon Oil Corporation (NYSE: MRO ), and raised its price target from $40.00 to $43.00. Credit Suisse noted, “Based on FY guidance we raise our cashflow estimates but lower earnings (higher upfront DD&A from shale capex). We believe
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