Barclays Maintains Overweight on Marathon Petroleum, Raises Price Target to $152
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Theresa Chen maintains an Overweight rating on Marathon Petroleum (NYSE:MPC) and raises the price target from $132 to $152.
August 07, 2023 | 2:09 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Marathon Petroleum and raises the price target from $132 to $152, which could lead to a positive market reaction.
The raised price target by Barclays indicates a positive outlook for Marathon Petroleum. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100