Murphy USA price target raised to $475 from $425 at Stephens

Stephens raised the firm’s price target on Murphy USA (MUSA) to $475 from $425 and keeps an Overweight rating on the shares. The firm is raising its Q4 estimates, reflecting stronger-than-expected retail fuel margins and continued momentum in the company’s nicotine segment. While valuation has moved higher, “we think the setup remains compelling,” the analyst added.