Mplx Target Price Boosted by Royal Bank Of Canada Analyst
Royal Bank Of Canada has increased its target price for MPLX (NYSE:MPLX) from $60.00 to $64.00, according to a report released on Friday.
The firm currently has an 'outperform' rating on the pipeline company's stock and believes there is a potential upside of 9.07% from the company's previous close.
This prediction comes after several other analysts have weighed in on MPLX, including Wolfe Research, which cut shares of Mplx from an 'outperform' rating to a 'peer perform' rating in a report on July 29th.