UPDATE: J.P. Morgan Initiates Coverage on Murphy USA as Industry Trends Towards Non-Fuel Margin Growth
November 25, 2013 at 09:31 AM EST
In a report published Monday, J.P. Morgan analyst Katherine Lucas Minyard initiated coverage on Murphy USA (NYSE: MUSA ) with a Neutral rating and $45.00 price target. In the report, J.P. Morgan noted, “We are initiating coverage of two independent convenience store operators, CST Brands and Murphy USA. Against a