Morgan Stanley Maintains Overweight on Marathon Petroleum, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Connor Lynagh maintains an Overweight rating on Marathon Petroleum (NYSE:MPC) and raises the price target from $150 to $160.
October 17, 2023 | 2:26 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on Marathon Petroleum and raises the price target from $150 to $160, indicating a positive outlook for the company.
The raised price target by Morgan Stanley 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