Despite Marathon Petroleum's underperformance relative to the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.
As Targa Resources significantly outperformed the broader market over the past 52 weeks, Wall Street analysts remain strongly optimistic about the stock’s prospects.
The company said the workforce reduction would begin in 2025 and be mostly complete before the end of 2026.
On Monday, the Wall Street Journal reported that Elliott would push the company to sell or spin off its midstream business.
According to TheFly, Raymond James reduced the price target of the oil producer’s stock to $124 from $157.
Although Halliburton has massively lagged behind the broader market over the past 52 weeks, Wall Street analysts remain moderately optimistic about the stock's prospects.
On an adjusted basis, the company reported a net income of $2.4 billion, or $1.98 per share, for the three months ended Dec. 31, compared with a Wall Street estimate of $1.83 per share.
As The Williams Companies outperformed the broader market over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.
Despite EOG Resources' underperformance relative to the S&P 500 Index over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.
There are three areas in the market that could clearly command a rotation in the coming quarter, backed by economic tailwinds and themes.