Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Marathon Petroleum (MPC – Research Report) and Xcel Energy (XEL – Research Report).
Marathon Petroleum (MPC)
RBC Capital analyst T J Schultz maintained a Buy rating on Marathon Petroleum on February 1 and set a price target of $146.00. The company’s shares closed last Friday at $118.20.
According to TipRanks.com, Schultz is a top 25 analyst with an average return of 19.6% and a 70.8% success rate. Schultz covers the Industrial Goods sector, focusing on stocks such as NGL Energy Partners, Archrock, and MPLX.
Currently, the analyst consensus on Marathon Petroleum is a Moderate Buy with an average price target of $141.82, a 17.6% upside from current levels. In a report issued on January 20, Morgan Stanley also maintained a Buy rating on the stock with a $140.00 price target.
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Xcel Energy (XEL)
RBC Capital analyst Shelby Tucker maintained a Hold rating on Xcel Energy on February 1 and set a price target of $78.00. The company’s shares closed last Friday at $67.98.
According to TipRanks.com, Tucker is a top 100 analyst with an average return of 12.0% and a 73.5% success rate. Tucker covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power.
Xcel Energy has an analyst consensus of Moderate Buy, with a price target consensus of $72.80, representing a 5.4% upside. In a report issued on January 23, Morgan Stanley also maintained a Hold rating on the stock with a $68.00 price target.
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