Marathon Petroleum shares are trading higher after Wells Fargo raised its price target on the stock from $142 to $157.
Portfolio Pulse from Benzinga Newsdesk
Marathon Petroleum's stock price is expected to rise following Wells Fargo's decision to increase its price target from $142 to $157.
September 08, 2023 | 1:59 pm
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POSITIVE IMPACT
Wells Fargo has raised its price target for Marathon Petroleum from $142 to $157, indicating a positive outlook for the company's stock.
The increase in price target by Wells Fargo indicates a positive outlook for Marathon Petroleum's stock. This is likely to attract investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100