Marathon Petroleum price target raised to $335 from $296 at Jefferies

Jefferies raised the firm’s price target on Marathon Petroleum (MPC) to $335 from $296 and keeps a Buy rating on the shares as part of a Q2 earnings preview. The firm sees “strong” capture and refining operations, midstream recovering from Storm Fern disruptions, and “supportive” renewable diesel margins driving Marathon’s earnings above consensus. It also expects the company’s buybacks of $2.5B in the quarter, the highest level since Q3 of 2026. TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.

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