Mizuho Securities Initiates Marathon Oil With Buy

Analysts at Mizuho Securities initiated coverage on Marathon Oil

with a Buy rating. The target price for Marathon Oil is set to $40. Marathon Oil shares have dropped 2.42% over the past 52 weeks, while the S&P 500 index has surged 10.86% in the same period. Marathon Oil's shares gained 2.06% to close at $34.73 yesterday.