JPMorgan cites cooling upside potential for MPLX in 2025
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JPMorgan has downgraded MPLX LP (NYSE:MPLX) from Overweight to Neutral, maintaining a $57 price target. The firm notes that MPLX has already outperformed its peers, suggesting limited upside potential for 2025. MPLX is also recognized as a Blue Chip Dividend Stock for passive income portfolios.
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