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Deutsche Bank hikes its price target on Murphy Oil (MUR +1%) to $62 from $56 after hedge fund...
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Friday, October 5, 2012, 10:21 AM ETDeutsche Bank hikes its price target on Murphy Oil (MUR +1%) to $62 from $56 after hedge fund Third Point revealed a stake in the company. "Third Point has challenged the management directly," DB analyst Paul Sankey writes. "The improved management focus can and has generated improved valuation."
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