There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on MPLX (MPLX – Research Report) and Marathon Petroleum (MPC – Research Report) with bullish sentiments.
MPLX (MPLX)
In a report released yesterday, Michael Blum from Wells Fargo assigned a Buy rating to MPLX, with a price target of $44.00. The company’s shares closed last Tuesday at $38.51, close to its 52-week high of $38.71.
According to TipRanks.com, Blum is a 5-star analyst with an average return of
MPLX has an analyst consensus of Moderate Buy, with a price target consensus of $41.50.
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Marathon Petroleum (MPC)
In a report released yesterday, Roger Read from Wells Fargo assigned a Buy rating to Marathon Petroleum, with a price target of $183.00. The company’s shares closed last Tuesday at $169.89, close to its 52-week high of $170.18.
According to TipRanks.com, Read is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Marathon Petroleum with a $165.00 average price target, a 1.7% upside from current levels. In a report issued on January 16, Jefferies also maintained a Buy rating on the stock with a $181.00 price target.
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