Four analysts have recently updated their evaluations of Marathon Petroleum (NYSE:MPC), showing a mix of bullish to indifferent outlooks. The average 12-month price target for MPC has been raised to $199.25, indicating a 12.89% increase from the previous target. Analysts from Wells Fargo, B of A Securities, Barclays, and Raymond James have all raised their price targets, reflecting optimism about MPC's future performance. Despite a revenue decline of -8.94% as of December 31, 2023, MPC's financial indicators such as net margin, ROE, and ROA outperform industry averages, suggesting strong profitability and efficient asset management.