RBC Capital analyst Elvira Scotto raised the firm’s price target on MPLX (MPLX) to $60 from $58 and keeps an Outperform rating on the shares after its recent Q3 results. The company has good visibility for growth into 2026 and beyond given project timelines that can largely drive its mid-single digit annual EBITDA growth target and support incremental distribution increases, the analyst tells investors in a research note.
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