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Marathon Petroleum (MPC) Gets a Hold from Evercore ISI

Tipranks - Tipranks - Fri Feb 6, 5:38AM CST

Evercore ISI analyst Stephen Richardson maintained a Hold rating on Marathon Petroleum yesterday and set a price target of $210.00. The company’s shares closed yesterday at $195.92.

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Richardson covers the Energy sector, focusing on stocks such as Chevron, Baker Hughes Company, and BP. According to TipRanks, Richardson has an average return of 7.6% and a 57.74% success rate on recommended stocks.

In addition to Evercore ISI, Marathon Petroleum also received a Hold from Bank of America Securities’s Jean Ann Salisbury in a report issued yesterday. However, on the same day, DBS maintained a Buy rating on Marathon Petroleum (NYSE: MPC).

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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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