Wall Street Analysts See Upside Potential for 5 Stocks with Rising Price Targets

In this article, we will discuss the 10 stocks whose price targets were recently raised by analysts. If you want to see more such stocks on the list, go directly to Wall Street Analysts See Upside Potential for 5 Stocks with Rising Price Targets.

05. Marathon Petroleum Corporation (NYSE:MPC)

Upside Potential: 16%

On September 20, Raymond James analyst Justin Jenkins has taken a bullish stance on Marathon Petroleum Corporation (NYSE:MPC). Jenkins has increased the price target for Marathon Petroleum Corporation (NYSE:MPC) from $165.00 to $177.00 while upholding a “Strong Buy” rating for the stock. This adjustment in the price target reflects Jenkins’ confidence in Marathon Petroleum Corporation (NYSE:MPC) future potential. As of the most recent market data, Marathon Petroleum Corporation (NYSE:MPC) is currently trading at $152.67, indicating a modest 0.3% increase from its previous trading price. This slight uptick in the stock price aligns with the positive sentiment expressed by Raymond James through the upward revision of the price target. Jenkins’ decision to raise the price target for Marathon Petroleum Corporation (NYSE:MPC) to $177.00 underscores his belief in the company’s prospects. The new price target implies a substantial upside potential of 16% from the current trading price, emphasizing Jenkins’ conviction in Marathon Petroleum’s ability to deliver strong results and maintain a competitive position in the energy sector.