Stifel Lifts MPLX Price Target Amid Northwind Acquisition Growth Potential

MPLX LP (NYSE:MPLX) ranks among the best stocks to buy for retirement. Stifel raised its price target for MPLX LP (NYSE:MPLX) to $60 from $57 on August 14, retaining a Buy rating on the company. The price target hike follows MPLX’s second-quarter 2025 earnings, which Stifel reported were below forecasts.

Stifel Lifts MPLX Price Target Amid Northwind Acquisition Growth Potential

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While pointing to MPLX’s recent acquisition of Northwind as a positive catalyst, Stifel warned that it might take 12 to 18 months for the full advantages to become apparent when growth projects begin.

Additionally, the firm cited management’s remarks that the partnership’s distribution growth rate should be maintained at 12.5% “for the foreseeable future, while living within cash flows” as a positive indication.

Founded in 2012 by Marathon Petroleum Corporation, MPLX LP (NYSE:MPLX) owns and operates midstream energy infrastructure alongside logistics assets and offers fuels distribution services.

While we acknowledge the potential of MPLX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MPLX and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.