Marathon Petroleum shares are trading higher after Wells Fargo maintained an Equal-Weight rating on the stock and raised its price target from $113 to $120.
Portfolio Pulse from Benzinga Newsdesk
Marathon Petroleum's stock is trading higher following Wells Fargo's decision to maintain an Equal-Weight rating on the stock and increase its price target from $113 to $120.
July 10, 2023 | 5:09 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Marathon Petroleum's stock price is likely to increase in the short term due to Wells Fargo's maintained Equal-Weight rating and raised price target.
Wells Fargo's decision to maintain an Equal-Weight rating and raise the price target for Marathon Petroleum indicates a positive outlook for the company. This is likely to attract investors, leading to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100