Goldman Sachs Increases Price Target for MPLX to $63, Highlighting Sector Momentum
Goldman Sachs raised its price target for MPLX LP (NYSE:MPLX) to $63 from $55, citing strong performance in the energy sector driven by increased demand for natural gas and LNG expansion. The firm also noted ongoing disruptions from Middle East tensions and potential upside from Permian gas and water activity.
Tickers: $MPLX
Topics: Analyst Upgrade Dividend Stocks Energy Sector Goldman Sachs MPLX