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DBS Sticks to Its Buy Rating for Marathon Petroleum (MPC)

The Globe and Mail · last updated

DBS analyst Suvro Sarkar maintained a Buy rating on Marathon Petroleum on December 5 and set a price target of $206.00. The company’s shares closed yesterday at $190.53.

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Sarkar covers the Energy sector, focusing on stocks such as Eni SPA, Chevron, and BP. According to TipRanks, Sarkar has an average return of 7.2% and a 66.99% success rate on recommended stocks.

Currently, the analyst consensus on Marathon Petroleum is a Moderate Buy with an average price target of $205.00.

Based on Marathon Petroleum’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $35.85 billion and a net profit of $4.51 million. In comparison, last year the company earned a revenue of $35.11 billion and had a net profit of $622 million

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