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Morgan Stanley Upgrades Marathon Oil & Occidental Petroleum, Calls ConocoPhillips ‘Quality Stock On Sale’

Crude oil prices hit multi-year highs this week above $70 pre barrel on optimism surrounding summer reopening and travel demand. On Friday, one Wall Street analyst adjusted his oil stock coverage ahead of what could be a big summer for oil stocks. The Analyst: Morgan Stanley analyst Devin McDermott issued the following oil stock rating changes:

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