Goldman Sachs Starts Marathon Petroleum (MPC) at Neutral

August 11, 2011 10:29 AM EDT
Get Alerts MPC Hot Sheet
Price: $355.42 -0.27%

Rating Summary:
    17 Buy, 9 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Earlier, Goldman Sachs initiated coverage on Marathon Petroleum (NYSE: MPC) with a Neutral. PT $49.

The firm said, "We have a favorable fundamental view of MPC and see it as well positioned to benefit from our constructive Mid-Continent refining view. However, we see greater upside in CVR (NYSE: CVI) and Western (NYSE: WNR) at this time.

For more ratings news on Marathon Petroleum click here and for the rating history of Marathon Petroleum click here.

Shares of Marathon Petroleum closed at $35.12 yesterday.


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