Scotiabank Adjusts Marathon Petroleum (MPC) PT to $174, Shifts Focus to 2026 Guidance, Cost-Saving Potential

Group 1 - Marathon Petroleum Corporation (NYSE:MPC) is considered one of the best large-cap value stocks to buy in 2026 [1] - Scotiabank analyst Paul Cheng lowered the price target for Marathon Petroleum to $174 from $189 while maintaining an Outperform rating, indicating a shift in focus to 2026 guidance and cost-saving measures [1] - Citi also lowered its price target for Marathon Petroleum to $182 from $185, maintaining a Neutral rating, as part of a Q4 2025 preview [2] Group 2 - Mizuho increased its price target for Marathon Petroleum to $205 from $198 with a Neutral rating, anticipating strong Q4 results but expressing caution regarding high market consensus estimates for 2026 [3] - Marathon Petroleum operates as an integrated downstream energy company in the US, with three segments: Refining & Marketing, Midstream, and Renewable Diesel [4]