Raymond James Maintains Strong Buy on Marathon Petroleum, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Justin Jenkins maintains a Strong Buy rating on Marathon Petroleum (NYSE:MPC) but lowers the price target from $235 to $230.

May 30, 2024 | 4:07 pm
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Raymond James analyst Justin Jenkins maintains a Strong Buy rating on Marathon Petroleum but lowers the price target from $235 to $230.
The Strong Buy rating suggests continued confidence in Marathon Petroleum's performance, but the slight reduction in the price target indicates a minor adjustment in expectations. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100