Marathon Petroleum Hits New 52-Week High

Analysts Weigh In on Whether the Stock is Still a Buy

Mar. 30, 2026 at 3:13pm

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Marathon Petroleum Corporation (NYSE:MPC) shares reached a new 52-week high on Monday, trading as high as $254.92. The stock closed at $254.94, with a trading volume of 49,861 shares. Analysts have provided a range of ratings and price targets for the stock, with some seeing it as a continued buy and others taking a more neutral stance.

Why it matters

Marathon Petroleum's new 52-week high reflects the company's strong performance and investor confidence in its future prospects. As one of the largest oil refiners in the United States, the company's financial health and market position are closely watched by industry analysts and investors.

The details

Several research firms have weighed in on Marathon Petroleum recently. Scotiabank restated an "outperform" rating and issued a $174.00 price target on the stock. Piper Sandler dropped their target price from $231.00 to $184.00 and maintained a "neutral" rating. TD Cowen increased their price objective from $183.00 to $198.00 and gave the stock a "buy" rating. Zacks Research lowered its rating on the stock from "strong-buy" to "hold". Overall, the stock has a consensus rating of "Moderate Buy" and an average price target of $209.19.

  • Marathon Petroleum shares hit a new 52-week high on Monday, March 30, 2026.
  • The stock closed at $254.94 on March 30, 2026.

The players

Marathon Petroleum Corporation

A U.S.-based downstream energy company engaged principally in the refining, marketing, supply and transportation of petroleum products.

Scotiabank

A Canadian multinational bank that provided an "outperform" rating and $174.00 price target on Marathon Petroleum stock.

Piper Sandler

An investment bank that lowered its price target on Marathon Petroleum from $231.00 to $184.00 and maintained a "neutral" rating.

TD Cowen

An investment bank that increased its price objective on Marathon Petroleum from $183.00 to $198.00 and gave the stock a "buy" rating.

Zacks Research

A research firm that lowered its rating on Marathon Petroleum from "strong-buy" to "hold".

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.