Marathon Petroleum Crushes Q2 As Refining Boom Fuels Massive Earnings Beat

Reuters Reported President Trump Expected To Convene Meeting With U.S. Refiners And Fuel Retailers Next Week To Highlight Efforts To Bring Down Gas Prices

Marathon Petroleum shares are trading higher after Mizuho raised its price target on the stock from $284 to $304.

Target To Rally Around 12%? Here Are 10 Top Analyst Forecasts For Tuesday

Wall Street analysts changed outlook on top names. See complete view of all changes, upgrades, downgrades on analyst ratings page.

Mizuho Maintains Neutral on Marathon Petroleum, Raises Price Target to $304

Mizuho analyst Nitin Kumar maintains Marathon Petroleum (NYSE:MPC) with a Neutral and raises the price target from $284 to $304.

RBC Capital Maintains Outperform on MPLX, Raises Price Target to $64

RBC Capital analyst Elvira Scotto maintains MPLX (NYSE:MPLX) with a Outperform and raises the price target from $60 to $64.

Why MPLX Stock Is Suddenly Trending on Wall Street

MPLX, a midstream operator with dominant positioning in natural gas gathering and processing in the Permian Basin, is trending on Wall Street due to strong Q2 earnings, a 7.2% dividend yield, and analyst upgrades. The company increased 2026 spending plans to $2.9 billion to capitalize on growing demand for natural gas and NGL infrastructure, with expected 12.5% dividend growth through 2027. U.S. natural gas demand is projected to increase 15% through 2030, supported by LNG and data center needs.