NEW YORK (TheStreet) -- Credit Suisse upgraded Marathon Petroleum (MPC) to "outperform" from "neutral" and set a $110 price target. The firm said the third quarter will likely mark the low for refiner earnings.
Separately, TheStreet Ratings team rates MARATHON PETROLEUM CORP as a "buy" with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate MARATHON PETROLEUM CORP (MPC) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income."
You can view the full analysis from the report here: MPC Ratings ReportMPC data by YCharts