Marathon Petroleum price target lowered to $170 from $174 at TD Cowen
The Fly

Marathon Petroleum price target lowered to $170 from $174 at TD Cowen

TD Cowen lowered the firm’s price target on Marathon Petroleum (MPC) to $170 from $174 and keeps a Buy rating on the shares. The firm said 3Q24 results exceeded expectations on higher refining throughput than guide. The buyback and B/S are both normalizing as anticipated.

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