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Why Raymond James Sees Marathon Petroleum Reaching $270
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Why Raymond James Sees Marathon Petroleum Reaching $270
Quick Read Marathon Petroleum (MPC) shares rose 4.57% over the past week and are up 50.73% year to date, with Raymond James raising its price target to $270 from $210, citing elevated refining margins from Middle East supply disruptions and MPLX midstream distributions expected to exceed $2.8B annually in 2026 to support dividends and buybacks. Marathon’s $270 target depends on refining margins sustaining above historical averages through mid-…
·New York, United States
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Total News Sources1
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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