Mizuho Maintains Neutral on Marathon Petroleum, Raises Price Target to $201
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has maintained a Neutral rating on Marathon Petroleum (NYSE:MPC) and increased the price target from $159 to $201.
March 22, 2024 | 2:37 pm
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Mizuho analyst Nitin Kumar maintains a Neutral rating on Marathon Petroleum and raises the price target from $159 to $201.
The increase in price target from $159 to $201 by Mizuho suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term positive impact on the stock price. However, the maintenance of a Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for both upside and downside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100