Barclays Maintains Overweight on Marathon Petroleum, Raises Price Target to $221
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Theresa Chen maintains an Overweight rating on Marathon Petroleum (MPC) and raises the price target from $168 to $221.
April 05, 2024 | 12:14 pm
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Barclays analyst Theresa Chen maintains an Overweight rating on Marathon Petroleum and raises the price target from $168 to $221.
The increase in price target by a reputable analyst like Theresa Chen from Barclays signals a strong confidence in Marathon Petroleum's future performance. This is likely to be viewed positively by the market, potentially leading to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100