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The Upside Run in Marathon Petroleum Isn't Over Yet

·2 min read
The Upside Run in Marathon Petroleum Isn't Over Yet
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Marathon Petroleum was fundamentally rated a new "outperform" by a major sell side firm Tuesday with a $135 price target. Prices have doubled in the past 12 months so we are not early to the game. In this daily bar chart of MPC, below, we can see that prices made a low way back in July.