Investor's Watch: Oclaro, Inc. (NASDAQ:OCLR), Marathon Oil Corporation (NYSE:MRO)

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Finally, Scotiabank reissued a "sector perform" rating and set a $47.00 price target (up previously from $45.00) on shares of Marathon Petroleum Corporation in a research report on Friday, October 28th.

9 number of analysts provided their estimates on Oclaro, Inc., where the Average Price Target for the stock is $13.08. The stock's price moved up its 200-day moving average of $55.60. The company reached its 52-Week high of $19.28 on Dec 12, 2016 and 52-Week low of $6.52 on Feb 19, 2016. In this case, The stock price has rallied 27.17% in the past 12 Weeks, but analyzing the 6 month charts for the stock, the price continues to stay positive and keep the rally at 18.27%. J P Morgan Chase & Co raised shares of Marathon Petroleum Corporation from a "neutral" rating to an "overweight" rating and increased their target price for the company from $46.00 to $57.00 in a report on Wednesday, December 7th. The companys revenue was down -7.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.20 EPS. It's now trading about -13.12% below its 52-week high. Four research analysts have rated the stock with a hold rating, eleven have given a buy rating and three have assigned a strong buy rating to the company.

Currently, sell-side analysts are expecting Marathon Oil Corporation (NYSE:MRO) to report quarterly EPS of $-0.15. The mean price target for the equity is at $88.93 while the highest price target suggested by the brokerage firms is $108.00 and low price target is $50.00. The stock, after opening at $16.55, hit $16.75 through the close by scoring 1.33%. The share of MRO now has Market Capitalization of 14.06 Billion. Marathon Petroleum Corp makes up approx 0.07% of Benjamin F. Edwards Company's portfolio.Asset Management firm, Stock Yards Bank Trust Co reduced its stake in MPC by selling 2,000 shares or 10.28% in the most recent quarter.

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MPC stock's price is now -12.60% down from its 52-week high and +69.21% up from its 52-week low. For the next 5 years, the company is expected to grow by -20 percent. The mean price target is calculated keeping in view the consensus of 29 analysts. The Company's segments include Refining & Marketing, Speedway, and Midstream.

Marathon Petroleum also says it has selected an independent financial advisor to assist in the review of its Speedway retail business to "ensure optimum value is delivered to shareholders over the long term".

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