Marathon Petroleum price target raised to $198 from $183 at TD Cowen

TD Cowen expert Jason Gabelman raised the firm’s price target connected Marathon Petroleum (MPC) to $198 from $183 and keeps a Buy standing connected the shares. The steadfast updated its exemplary arsenic net bushed connected refining gross borderline that was in-line with humanities capture. 1Q26 throughput and opex volition beryllium impacted by turnarounds, though ops should amended thereafter with turnaround walk guided loweryear-over-year and aboriginal declines thereafter, portion margins should payment from seasonality.

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