Manav Gupta

UBS analyst Manav Gupta initiated coverage of Marathon Petroleum Corp (NYSE: MPC) with a Buy rating and price target of $165. Gupta's report comes on the heels of Marathon's acquiring a 49.9% stake in renewable natural gas producer LF Bioenergy for $50 million. Over the past couple of years...

Shares of hydrogen and fuel-cell energy company Plug Power Inc. (NASDAQ: PLUG) were advancing in premarket trading on Wednesday. What Happened: The upside trigger has been bullish initiation by UBS analyst Manav Gupta. The analyst initiated coverage of Plug Power shares with a Buy rating and...

While many energy majors have cut back on investments in oil and gas, Exxon Mobil Corp (NYSE: XOM) expects the demand for fossil fuels to grow at least in the medium term and has continued to invest in “some of the most attractive oil & gas projects globally,” according to Credit...

Exxon Mobil Corp (NYSE: XOM) reported fourth-quarter earnings Tuesday that came in ahead of the consensus estimate, accompanied by strong cash flows. BofA Securities On Exxon Mobil Analyst Doug Leggate maintained a Buy rating for the stock with a $100 price target of $100. “It seems hard...

Andeavor (NYSE: ANDV) announced an agreement April 30 to merge with Marathon Petroleum Corp (NYSE: MPC) for $36.6 billion. The Analyst Credit Suisse analyst Manav Gupta downgraded shares of Andeavor from Outperform to Neutral and raised his price target from $142 to $145.  The Thesis...