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On June 18, 2025,
(MPC) experienced a significant decline, with its trading volume dropping by 65.27% to 2.27 billion, ranking 346th in the day's market activity. The stock price fell by 1.55%.Evercore ISI analyst Stephen Richardson has initiated coverage on Marathon Petroleum (MPC), assigning an In Line rating with a price target set at $170. This rating reflects the analyst's view on the company's current market position and potential for growth.
Richardson's initiation of coverage on Marathon Petroleum comes as part of a broader analysis of U.S. refining companies. The In Line rating suggests that
ISI sees Marathon Petroleum as performing in line with its peers, neither significantly outperforming nor underperforming the market.This rating and price target are based on a comprehensive evaluation of Marathon Petroleum's financial health, market position, and future prospects. The analyst's insights provide valuable guidance for investors considering Marathon Petroleum as part of their portfolio.
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