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Analysts Are Bullish on These Energy Stocks: Marathon Petroleum (MPC), Valero Energy (VLO)

Tipranks - Fri Feb 6, 4:18AM CST

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Marathon Petroleum (MPCResearch Report) and Valero Energy (VLOResearch Report) with bullish sentiments.

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Marathon Petroleum (MPC)

DBS analyst Suvro Sarkar maintained a Buy rating on Marathon Petroleum yesterday and set a price target of $206.00. The company’s shares closed last Wednesday at $195.92.

According to TipRanks.com, Sarkar is a 4-star analyst with an average return of 7.1% and a 64.4% success rate. Sarkar covers the NA sector, focusing on stocks such as Occidental Petroleum, EOG Resources, and Diamondback. ;'>

Currently, the analyst consensus on Marathon Petroleum is a Moderate Buy with an average price target of $198.50, which is a 5.0% upside from current levels. In a report issued on January 27, Morgan Stanley also maintained a Buy rating on the stock with a $200.00 price target.

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Valero Energy (VLO)

In a report released yesterday, Duladeth Bik from DBS maintained a Buy rating on Valero Energy, with a price target of $153.00. The company’s shares closed last Wednesday at $197.41.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Valero Energy with a $195.57 average price target, which is a 1.2% upside from current levels. In a report issued on January 29, TipRanks – OpenAI also upgraded the stock to Buy with a $202.00 price target.

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