Murphy USA up after Stephens resumes coverage

Gas station and convenience store operator Murphy USA's MUSA.N shares up 2.5% to $469.54

Stephens resumes coverage of company's shares with "overweight" rating and $530 PT

MUSA is well-positioned for continued growth, leveraging multiple strategic initiatives, including store, targeted promotions and operational efficiencies - brokerage

Company's disciplined cost structure and every day low price (EDLP) model strengthen its competitive edge as consumers prioritize value, Stephens says

As of Monday's close, stock down 8.7% YTD