Mizuho Maintains Buy on Marathon Petroleum, Lowers Price Target to $148
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Buy rating on Marathon Petroleum (NYSE:MPC) but lowers the price target from $160 to $148.
May 19, 2023 | 11:06 am
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Mizuho analyst Nitin Kumar maintains a Buy rating on Marathon Petroleum (NYSE:MPC) but lowers the price target from $160 to $148.
Mizuho's lowered price target on Marathon Petroleum may cause short-term uncertainty among investors, but the maintained Buy rating suggests that the stock is still expected to perform well in the long run. The impact on the stock price in the short term is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100