Wells Fargo Raises MPC Price Target to $564
The target increase and substantial implied upside are bullish, but the prior target and supporting rationale are not provided.
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The target increase and substantial implied upside are bullish, but the prior target and supporting rationale are not provided.
What happened, with direct paths to the underlying reporting
Wells Fargo raised its price target for Marathon Petroleum to $564 from an unspecified prior level. The target is about 32% above the posted price of $427.34, offering a positive analyst signal, though it remains an opinion rather than a forecast guarantee.
Target: $564
Posted price: $427.34
Analyst firm: Wells Fargo
Analyst: Sam Margolin
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