Marathon Petroleum (MPC +0.3%) is upgraded to Overweight from Neutral with a $61 price target at J.P. Morgan, which calls MPC "a high quality story, with a favorable business mix of refining/logistics/retail and refining geographic mix."
Credit Suisse says Top independent refiner is Marathon Petroleum (NYSE:MPC), the synergy of the company’s recently-acquired Hess retail business is exceeding plans, and it is confident MPC will continue to benefit from self-help initiatives.