Morgan Stanley raised the firm’s price target on MPLX (MPLX) to $62 from $60 and keeps an Equal Weight rating on the shares. AI scrutiny has influenced recent broader market direction, but midstream and renewable infrastructure stocks offer contracted cash flow protection, the analyst argues in the firm’s latest “Infrastructure Weekly.”
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MPLX:
- MPLX price target raised to $60 from $58 at RBC Capital
- MPLX price target raised to $55 from $53 at Barclays
- Crypto Currents: Ripple announces $500M investment at $40B valuation
- Mara, MPLX announce integrated power generation collaboration in West Texas
- MPLX LP Reports Strong Q3 2025 Earnings and Distribution Increase