Piper Sandler Adjusts Marathon Petroleum Price Target
Piper Sandler maintained its 'Overweight' rating on Marathon Petroleum and increased its price target to $466 from $462.
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Piper Sandler maintained its 'Overweight' rating on Marathon Petroleum and increased its price target to $466 from $462.
Goldman Sachs has revised its price target for Marathon Petroleum Corporation, lowering it from $519 to $510.
Analyst John Royall has maintained a bullish rating on Marathon Petroleum (MPC) and increased the price target from $462 to $466.
Wells Fargo analyst Sam Margolin has maintained a "Buy" rating on Marathon Petroleum Corporation and increased the price target to $564 from $560.
JPMorgan Chase has adjusted its price target for Marathon Petroleum Corporation, lowering it from $448 to $430.
Icahn Enterprises reported a Q3 2026 net loss of $225 million, primarily due to $522 million in refining hedge losses, though indicative NAV increased $865 million. The company's subsidiary CVR Energy announced a transformative $4.2 billion acquisition of two refineries and a marketing platform from Marathon Petroleum, expected to increase EBITDA by over $1 billion and EPS by 105% on a pro forma basis. The company divested Pep Boys for $645 million and maintains $2.3 billion in holding company liquidity.