Scotiabank analyst Paul Cheng lowered the firm’s price target on Marathon Petroleum to $170 from $191 and keeps an Outperform rating on the shares. The firm updated price targets across the major oil and refiner group to reflect its newly published commodity price deck.
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- Marathon Petroleum price target lowered to $168 from $180 at Barclays
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- Marathon Petroleum price target lowered to $171 from $172 at JPMorgan
- Marathon Petroleum price target lowered to $183 from $196 at Wells Fargo