Truist Securities Maintains Buy on MPLX, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a Buy rating on MPLX and raises the price target from $43 to $48.
May 02, 2024 | 1:23 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Truist Securities has maintained a Buy rating on MPLX and increased the price target from $43 to $48.
The upgrade in the price target by Truist Securities reflects a positive outlook on MPLX, likely due to strong fundamentals or growth prospects. This endorsement from a reputable analyst could lead to increased investor confidence and a potential short-term uptick in MPLX's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100