Bank of America Merrill Lynch Analysts Begin Coverage on Marathon Petroleum (MPC)
Friday, July 01, 2011 1:40 PM

Equities research analysts at Bank of America Merrill Lynch initiated coverage on shares of Marathon Petroleum (NYSE: MPC) in a research note to investors on Friday. The analysts set a "buy" rating and a $50.00 price target on the stock.

Separately, analysts at Deutsche Bank (NYSE: DB) initiated coverage on shares of Marathon Petroleum in a research note to investors on Friday. They set a "buy" rating and a $54.00 price target on the stock. Also, analysts at Credit Suisse (NYSE: CS) initiated coverage on shares of Marathon Petroleum in a research note to investors on Friday. They set an "outperform" rating and a $55.00 price target on the stock.

Shares of Marathon Petroleum traded up 3.29% during mid-day trading on Monday, hitting $42.76. The stock's 50-day moving average is $0. and its 200-day moving average is $0..

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