This Is What Whales Are Betting On Marathon Petroleum
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Marathon Petroleum (NYSE:MPC), with 66% of investors opening trades with bullish expectations. The whale has been targeting a price range from $125.0 to $155.0 for Marathon Petroleum over the last 3 months. The price of MPC is up 1.72% at $150.75. Analysts from Raymond James, Mizuho, Piper Sandler, and B of A Securities have maintained their ratings on Marathon Petroleum, with price targets ranging from $148 to $177.
October 16, 2023 | 8:30 pm
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POSITIVE IMPACT
Marathon Petroleum's stock is likely to be positively impacted by the bullish stance of a whale investor and the maintained ratings from analysts.
The bullish stance of a whale investor, who has been targeting a price range from $125.0 to $155.0 for Marathon Petroleum over the last 3 months, indicates a positive sentiment towards the stock. This, coupled with the maintained ratings from analysts, is likely to have a positive impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100