Marathon Petroleum price target raised to $183 from $182 at Wells Fargo

Wells Fargo analyst Roger Read raised the firm’s price target on Marathon Petroleum (MPC) to $183 from $182 and keeps an Overweight rating on the shares. The firm says Marathon Petroleum “simply delivers,” operationally and financially. The longer-term macro also remains favorable. System flexibility to navigate tariffs and renewable policy uncertainties a positive, in its view.