B of A Securities Maintains Neutral on Marathon Petroleum, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Doug Leggate maintains a Neutral rating on Marathon Petroleum (NYSE:MPC) and raises the price target from $185 to $230.
March 15, 2024 | 11:04 am
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B of A Securities maintains a Neutral rating on Marathon Petroleum but raises the price target from $185 to $230.
The increase in the price target from $185 to $230 by B of A Securities suggests a positive outlook on the value of Marathon Petroleum's stock in the short term. Although the rating remains Neutral, the significant raise in the price target could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100