Marathon Oil (MRO +2.3%) is upgraded to Overweight with a raised $35 price target (from $30) by...

|About: Marathon Oil Corporation (MRO)|By:, SA News Editor

Marathon Oil (MRO +2.3%) is upgraded to Overweight with a raised $35 price target (from $30) by J.P. Morgan, which believes improving results in the Eagle Ford and Bakken shale plays underpin a loftier near-term production growth outlook, and a potential sale of oil sands operations could unlock additional value. and an exploration program could spark share price catalysts.