Raymond James Maintains Outperform on MPLX, Raises Price Target to $44
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Justin Jenkins has maintained an 'Outperform' rating on MPLX (NYSE:MPLX) and raised the price target from $42 to $44.
July 21, 2023 | 11:34 am
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Raymond James has maintained an 'Outperform' rating on MPLX and raised the price target from $42 to $44, indicating a positive outlook for the stock.
The 'Outperform' rating maintained by Raymond James indicates that the firm expects MPLX to do better than the market average. The increase in the price target from $42 to $44 suggests that the firm sees potential for the stock's price to rise. This is likely to have a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100