Marathon Petroleum Stock Plummets 7.53% in Trading Volume Ranking 251st

Generado por agente de IAAinvest Market Brief
jueves, 10 de abril de 2025, 8:20 pm ET1 min de lectura
MPC--

On April 10, 2025, Marathon Petroleum CorporationMPC-- (MPC) experienced a significant decline, with its stock price dropping by 7.53%. The trading volume for the day was 4.83 billion, marking a 31.72% decrease from the previous day. This placed Marathon PetroleumMPC-- at the 251st position in terms of trading volume for the day.

Mizuho Securities recently adjusted its price target for Marathon Petroleum, lowering it from $174.00 to $168.00. This adjustment reflects the analysts' revised outlook on the company's performance and potential future stock price movements.

Marathon Petroleum's acquisition of Andeavor has been highlighted as a beneficial move for the company. The acquisition is expected to provide Marathon with access to low-cost crude, which could enhance its operational efficiency and profitability.

Raymond James also revised its price target for Marathon Petroleum, reducing it from $193 to $183. This adjustment comes as part of the ongoing analysis and evaluation of the company's financial health and market position.

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