Marathon Petroleum shares are trading higher after B of A Securities maintained a Neutral rating on the stock and raised its price target from $185 to $230.
Portfolio Pulse from Benzinga Newsdesk
Marathon Petroleum's stock is trading higher following an update from B of A Securities, which maintained a Neutral rating but increased the price target from $185 to $230.
March 15, 2024 | 2:26 pm
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POSITIVE IMPACT
Marathon Petroleum's stock price is positively impacted by B of A Securities raising its price target from $185 to $230, while maintaining a Neutral rating.
The increase in the price target by a reputable financial institution like B of A Securities suggests a positive outlook on the stock's value, potentially leading to increased investor confidence and a short-term rise in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100