Mizuho Maintains Neutral on Marathon Petroleum, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Neutral rating on Marathon Petroleum (MPC) and lowers the price target from $202 to $200.

May 02, 2024 | 11:55 am
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NEUTRAL IMPACT
Mizuho analyst Nitin Kumar maintains a Neutral rating on Marathon Petroleum and lowers the price target from $202 to $200.
The adjustment in price target by Mizuho reflects a minor revision in valuation expectations for Marathon Petroleum, likely due to updated market or company-specific forecasts. Given the neutral rating is maintained, the impact on the stock price is expected to be minimal in the short term, as the adjustment does not significantly alter the investment thesis.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90