BofA analyst Lisa Lewandowski lowered the firm’s price target on Murphy USA (MUSA) to $350 from $405 and keeps an Underperform rating on the shares. With a modest outlook for fuel contribution and EBITDA growth over 2026-28, the firm reduced its 2027 EV/EBITDA multiple, the analyst tells investors in a post-Q4 note. The firm sees near term upside as likely to lag peers due to Murphy’s fuel and nicotine dependence, the analyst added.
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Read More on MUSA:
- Murphy USA: Fuel and Nicotine Headwinds, Flat EBITDA Outlook Drive Sell Rating and Expected Underperformance
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