Raymond James Maintains Outperform on MPLX, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Justin Jenkins has reaffirmed an Outperform rating on MPLX LP (NYSE:MPLX) and increased the price target from $44 to $45.
January 31, 2024 | 11:28 am
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Raymond James analyst Justin Jenkins has maintained an Outperform rating on MPLX and raised the price target from $44 to $45, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Justin Jenkins from Raymond James typically signals a positive sentiment towards the company's stock performance. This could lead to increased investor confidence and a potential short-term rise in the stock price of MPLX.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100