Barclays Maintains Overweight on Marathon Petroleum, Raises Price Target to $168
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Theresa Chen maintains an Overweight rating on Marathon Petroleum (MPC) and raises the price target from $163 to $168.

February 05, 2024 | 1:36 pm
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Barclays analyst Theresa Chen maintains an Overweight rating on Marathon Petroleum and raises the price target from $163 to $168.
The increase in price target by Barclays, a major financial institution, signals a positive outlook on Marathon Petroleum's stock. This endorsement, especially with an Overweight rating, suggests confidence in the company's future performance and may lead to increased investor interest and potentially a rise in stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100