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Marathon Oil (MRO -1.6%) is downgraded to Outperform with a target price cut to $33 from $39 by...

Marathon Oil (MRO -1.6%) is downgraded to Outperform with a target price cut to $33 from $39 by Howard Weil, which believes sentiment is working against oil levered E&P names in the collapsing crude environment. There's some execution risk too, as MRO essentially needs to add ~1,100 boepd/week of Eagle Ford production for the rest of the year to achieve targets.
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