Marathon Petroleum is trading at $477.59, up +4.09%, as its rise coincides with higher analyst price targets.

  • Citi raised its target to $518 from $318, while Barclays raised its target to $488 from $321.
  • Market reporting links refinery gains to bullish target hikes ahead of third-quarter earnings. The energy sector is up 1.84%, with Middle East tensions supporting the sector; this context does not alone establish the cause of Marathon Petroleum’s move.