Morgan Stanley Reiterates Overweight on Marathon Petroleum, Maintains $150 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh has reiterated an Overweight rating on Marathon Petroleum (NYSE:MPC) and maintained a price target of $150.
July 19, 2023 | 3:05 pm
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Morgan Stanley has reiterated an Overweight rating on Marathon Petroleum and maintained a price target of $150.
The reiteration of an Overweight rating by Morgan Stanley indicates a positive outlook for Marathon Petroleum. The maintained price target of $150 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100