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Stocks•10 July 2026•
1 min read

Bank of America Raises Murphy USA Price Target Following Strong Earnings Beat

Key Facts

1Bank of America increased its price target for Murphy USA from $600 to $625 while maintaining a neutral rating.
2Murphy USA reported EPS of $7.28, significantly beating the estimated $5.37.

Amid a robust performance in the retail and energy sectors, Bank of America has raised its price target for Murphy USA from $600 to $625, while maintaining a Neutral rating on the stock. This revision follows the company's impressive quarterly results, reporting an EPS of $7.28, which significantly beat the consensus estimate of $5.37. According to reports, the target hike reflects the company's ability to exceed revenue and profit expectations in a challenging environment.

This valuation comes as major banking stocks show mixed performance, with Bank of America (BAC) closing at $58.3 (close July 8, 2026) per market data. In comparison to industry peers, JPMorgan Chase (JPM) stood at $336.47 (close July 10, 2026), while Citigroup (C) was priced at $139.56 (July 9, 2026). These figures highlight the broader financial landscape in which major institutions are adjusting their outlooks for high-performing retail entities.

Traders should watch BAC price levels, which saw a day low of $58.3 as of its July 8, 2026 close. While the upcoming economic calendar does not list immediate catalysts specifically for Murphy USA, broader market sentiment and upcoming macroeconomic data will likely dictate the momentum for retail-linked equities in the short term.