Piper Sandler Maintains Neutral on Marathon Petroleum, Lowers Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Ryan Todd maintains a Neutral rating on Marathon Petroleum (MPC) and lowers the price target from $204 to $190.
May 14, 2024 | 3:39 pm
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NEGATIVE IMPACT
Piper Sandler maintains a Neutral rating on Marathon Petroleum and lowers the price target from $204 to $190.
The reduction in price target by Piper Sandler could lead to a negative short-term sentiment among investors, potentially causing a decrease in Marathon Petroleum's stock price. The Neutral rating suggests no significant positive catalysts in the near term to counterbalance the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100