Citigroup Reiterates Neutral on MPLX, Maintains $36 Price Target
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Spiro Dounis has reiterated a Neutral rating on MPLX (NYSE:MPLX) and maintained a price target of $36.
July 12, 2023 | 2:00 pm
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NEUTRAL IMPACT
Citigroup has reiterated a Neutral rating on MPLX and maintained a price target of $36.
The news is directly about MPLX and is from a reputable source, Citigroup. The Neutral rating suggests that the stock is expected to perform in line with the market or sector in the next 12-18 months, which does not indicate a significant change in the stock's current price. The maintained price target also suggests that the analyst's view on the company has not changed.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100