Total System Recommended a Buy on Weakness and 3 Stock Analyses to Know Now
Marathon Petroleum Corporation (NYSE:MPC): Current price $83.82
Wells Fargo is generally upbeat on the refining sector, but believes that inland differentials will decline as 2013 unfolds and thus favors coastal refiners Marathon Petroleum Corporation, Valero Energy (NYSE:VLO), and Tesoro (NYSE:TSO). The firm increased their valuation range on Marathon from $87-$91 to $100-$104, on Valero from $50-$52 to $54-$56 , and on Tesoro from $62-$64 to $71-$74. An Outperform rating is maintained on all three stocks.