Stephens resumes Murphy USA at Overweight, sees stock positioned for growth

As previously reported, Stephens resumed coverage of Murphy USA (MUSA) with an Overweight rating and $530 price target The company has a resilient Every Day Low Price model that acts as a self-reinforcing flywheel to drive long-term margin expansion, free cash flow generation and greater market share, the analyst tells investors in a research note. Murphy USA is also well-positioned for continued growth, leveraging multiple strategic initiatives, including store, targeted promotions, and operational efficiencies, the firm adds.