Marathon Petroleum Responds To Elliott Management Proposal

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Mizuho Securities Reiterates Buy Rating on Marathon Petroleum (MPC)

September 26, 2019 7:04 AM EDT

Mizuho Securities analyst Paul Sankey reiterated a Buy rating and $90.00 price target on Marathon Petroleum (NYSE: MPC). Elliott Management disclosed on Thursday a 2.5% stake in MPC and that it sent a letter to the board of the company, calling for split of the integrated downstream... More