Stifel Maintains Buy on MPLX, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Selman Akyol maintains a Buy rating on MPLX and raises the price target from $45 to $47.
May 01, 2024 | 1:20 pm
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POSITIVE IMPACT
Stifel analyst Selman Akyol reaffirms a Buy rating on MPLX and increases the price target to $47.
The increase in the price target by Stifel reflects a positive outlook on MPLX, likely due to strong fundamentals or growth prospects. This analyst endorsement can positively influence investor sentiment and potentially lead to a short-term increase in MPLX's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100