UBS Maintains Buy on MPLX, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brian Reynolds maintains a Buy rating on MPLX and raises the price target from $49 to $51.
September 18, 2024 | 1:22 pm
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UBS analyst Brian Reynolds has reaffirmed a Buy rating on MPLX and increased the price target from $49 to $51, indicating a positive outlook for the stock.
The increase in price target from $49 to $51 by UBS suggests a positive outlook for MPLX, likely leading to a short-term price increase. The reaffirmation of the Buy rating further supports investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100