Investor attention seems to be focused on
Marathon Petroleum Corporation (MPC), with significant movements in share possession among various asset management groups and individual investors. A number of reputable entities such as Demars Financial Group LLC, Guggenheim Capital LLC, and Crux Wealth Advisors have actively increased their position in MPC, indicating a positive outlook. However, others like FIL Ltd and Philadelphia Trust Co. have trimmed their holdings. Furthermore,
institutions such as Canada Pension Plan Investment Board, Rockefeller Capital Management, and Bank of Nova Scotia have also increased their share in MPC. This move, alongside MPC's strong Q4 2024 results showing resilient performance amid a challenging margin environment, demonstrates investor confidence. Barclays and TD Cowen have adjusted the company's price target to $141 and $142 respectively, maintaining a
buy rating. On the other hand, potential risks include MPC's recent 8.4% pullback which extends to their one-year losses. Despite the volatility, MPC's
success in securing a $2B debt deal suggests a strategic reshaping of its financial future.
Marathon Petroleum Corporation MPC News Analytics from Sat, 12 Oct 2024 07:00:00 GMT to Sat, 19 Apr 2025 11:06:56 GMT -
Rating 3
- Innovation 1
- Information 6
- Rumor -2
