What exactly changed in the MPC analyst rating on February 9, 2026?

BMO Capital maintained an Outperform rating for Marathon Petroleum (MPC) and raised the price target to $225 on February 9, 2026. The action signals confidence without a full rating upgrade, driven by better cash flow expectations and refining fundamentals.

How should investors read a maintained Outperform with a higher price target?

A maintained Outperform with a higher target suggests analysts expect improved fundamentals but not a fundamental shift in risk. Investors can view it as a positive signal for potential upside, while continuing to monitor refining margins and macro risks.

Where can I read the analyst note and additional market coverage?

The BMO note raising the MPC price target is summarized on StreetInsider [source](https://www.streetinsider.com/Analyst+Comments/Marathon+Petroleum+%28MPC%29+PT+Raised+to+%24225+at+BMO+Capital/25965973.html). For broader market context and latest quotes see MarketWatch coverage of MPC [source](https

Analyst Ratings

BMO Maintains Outperform on Marathon Petroleum (MPC) Feb 2026

ByHuzaifa Zahoor February 10, 2026February 10, 2026

BMO Capital maintained an Outperform rating on Marathon Petroleum Corporation (MPC) on February 9, 2026, and raised the price target to $225. The MPC analyst rating move kept the stock in favorable analyst territory and followed recent solid earnings commentary. Investors should note the rating was maintained rather than upgraded, but the higher price target signals confidence in refining margins and cash returns.