Barclays Maintains Overweight on MPLX, Raises Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Theresa Chen maintains an Overweight rating on MPLX and raises the price target from $45 to $49.
October 10, 2024 | 2:31 pm
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POSITIVE IMPACT
Barclays analyst Theresa Chen has maintained an Overweight rating on MPLX and increased the price target from $45 to $49, indicating a positive outlook on the stock.
The increase in price target from $45 to $49 by Barclays suggests a positive outlook for MPLX, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in MPLX's performance relative to the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100