Market Overview

Why Marathon Petroleum's Stock Is Trading Higher Today

Why Marathon Petroleum's Stock Is Trading Higher Today

Marathon Petroleum (NYSE: MPC) shares are trading higher on Wednesday after Cowen & Co. upgraded the company's stock from Market Perform to Outperform and raised its price target from $37 to $43.

Marathon Petroleum is an independent refiner with 16 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 3.0 million barrels per day. Its retail segment sells transportation fuels through 5,000 stores. The firm also owns and operates midstream assets primarily through its listed MLP, MPLX.

Marathon Petroleum shares were trading up 2.71% at $37.95 at time of publication on Wednesday. The stock has a 52-week high of $69.65 and a 52-week low of $15.26.

Latest Ratings for MPC

Sep 2020Piper SandlerMaintainsOverweight
Aug 2020Cowen & Co.UpgradesMarket PerformOutperform
Aug 2020Morgan StanleyMaintainsOverweight

View More Analyst Ratings for MPC
View the Latest Analyst Ratings


Related Articles (MPC)

View Comments and Join the Discussion!

Posted-In: why it's movingUpgrades Analyst Ratings

Latest Ratings

CKPTHC Wainwright & Co.Maintains17.0
STOKNeedhamInitiates Coverage On42.0
BMRCJanney CapitalUpgrades33.0
CLBABN AmroUpgrades
CRMDJMP SecuritiesInitiates Coverage On22.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at