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Barclays Reaffirms Their Buy Rating on Marathon Petroleum (MPC)

Tipranks - Tipranks - Wed Jan 14, 4:00AM CST

Barclays analyst Theresa Chen maintained a Buy rating on Marathon Petroleum today and set a price target of $194.00.

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Chen covers the Energy sector, focusing on stocks such as Phillips 66, Valero Energy, and HF Sinclair Corporation. According to TipRanks, Chen has an average return of 15.3% and a 73.21% success rate on recommended stocks.

Currently, the analyst consensus on Marathon Petroleum is a Moderate Buy with an average price target of $200.25.

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Based on Marathon Petroleum’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $34.81 billion and a net profit of $1.37 billion. In comparison, last year the company earned a revenue of $35.11 billion and had a net profit of $622 million

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