Barclays raised the firm’s price target on Marathon Petroleum (MPC) to $161 from $159 and keeps an Overweight rating on the shares. The firm says competition is “heating up” for the midstream refiners amid the macro uncertainty.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MPC:
- Strategic Advantages and Financial Performance Drive Buy Rating for Marathon Petroleum
- Insider Moves: Berkshire, Marathon, Iron Mountain, MGM, Kimberly Clark
- Marathon Petroleum price target lowered to $156 from $160 at Piper Sandler
- Elliott discloses over $2.5B position in Phillips 66, sends letter to board
- Marathon Petroleum’s Optimistic Earnings Call Amid Challenges
Questions or Comments about the article? Write to editor@tipranks.com