StocksMedium•14 October 2026•
1 min read
Wells Fargo Raises Marathon Petroleum Price Target to $560
Key Facts
1Wells Fargo raised its price target for Marathon Petroleum from $400 to $560.
2U.S. refiners are projected to surpass record earnings due to global energy supply constraints.
3MPC shares rose 3.96% to $476.98, hitting a 52-week high.
Wells Fargo raised its price target for Marathon Petroleum from $400 to $560. Financial Modeling Prep reported that MPC shares rose 3.96% to $476.98, hitting a 52-week high. The Wall Street Journal noted that U.S. refiners are projected to surpass record earnings due to global energy supply constraints.
MPC closed at $476.98 on October 13, 2026, while Wells Fargo (WFC) closed at $80.74 on the same date. According to analyst facts, Marathon Petroleum is showing a high growth rate of 53.3%, supported by strong refining margins and a positive outlook for the broader energy sector.