Mizuho Downgrades Marathon Petroleum to Neutral
Portfolio Pulse from richadhand@benzinga.com
Mizuho analyst Nitin Kumar has downgraded Marathon Petroleum (NYSE:MPC) from Buy to Neutral.
August 16, 2023 | 9:52 am
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Marathon Petroleum's stock rating has been downgraded from Buy to Neutral by Mizuho analyst Nitin Kumar.
Analyst ratings often influence the market's perception of a company. A downgrade from Buy to Neutral suggests that the analyst sees less upside potential in the stock, which could lead to selling pressure and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100