Why MPLX's Stock Is Trading Higher Today

MPLX LP MPLX shares are trading higher on Thursday.

Credit Suisse analyst Spiro Dounis upgraded the stock from Neutral to Outperform and lowered the price target from $21 to $18.

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. The company also provides fuels distribution services.

MPLX LP shares were trading up 2.37% at $11.67. The stock has a 52-week range between $33.65 and $6.87.

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