Goldman Sachs Reinstates Buy on MPLX, Announces $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst John Mackay has reinstated MPLX (NYSE:MPLX) with a Buy rating and announced a $40 price target.
October 06, 2023 | 10:05 am
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Goldman Sachs has reinstated MPLX with a Buy rating and a $40 price target, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, Goldman Sachs, a highly influential financial institution, has reinstated MPLX with a Buy rating and set a $40 price target. This suggests a positive outlook for the stock, which could lead to an increase in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100