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Wells Fargo raises Marathon Petroleum price target to $560 on strong earnings outlook.

Analyst Insights
14 Oct 2026
Andrew Wynn
View Source
Bullish
Wells Fargo raises Marathon Petroleum price target to $560 on strong earnings outlook.

Wells Fargo has increased its price target for Marathon Petroleum from $400 to $560, citing strong growth potential and an expected earnings growth rate of 53.3%. The rise reflects optimism about U.S. refiners' ability to surpass previous earnings records due to global energy supply constraints. Marathon Petroleum's stock is currently trading below this new target, indicating potential upside. This outlook is supported by industry trends as global conflicts limit energy supplies, boosting refinery profits.

Marathon Petroleum's stock price on Pluang is currently USD 477.28 as of Oct 14, 2026 20:42 WIB, slightly up by 0.06% in the last day. The stock shows a dividend yield of 0.84%, attracting steady investor interest with a typical hold time of 53 days. Order activity on Pluang favors buying at 60%, indicating positive sentiment among platform users despite the stock trading below Wells Fargo's raised target.

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