Marathon Petroleum (MPC) Receives a Buy from Wells Fargo
In a report released today, from Wells Fargo maintained a Buy rating on Marathon Petroleum, with a price target of $213.00.
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In addition to Wells Fargo, Marathon Petroleum also received a Buy from Barclays’s Theresa Chen in a report issued yesterday. However, today, Mizuho Securities maintained a Hold rating on Marathon Petroleum (NYSE: MPC).
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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