MPLX LP (NYSE:MPLX) is considered one of the best stocks to buy for retirement, with Stifel increasing its price target to $60 from $57 on August 14. The price target was raised following MPLX’s second-quarter 2025 earnings, which were below expectations.

Stifel sees potential in MPLX’s recent acquisition of Northwind but warns it may take 12-18 months for full benefits to materialize as growth projects kick in. The firm also highlights management’s commitment to maintaining a 12.5% distribution growth rate while operating within cash flows.

Established in 2012 by Marathon Petroleum Corporation, MPLX LP (NYSE:MPLX) operates midstream energy infrastructure, logistics assets, and fuel distribution services. While MPLX has investment potential, some AI stocks may offer greater upside with less risk, according to Stifel. For an undervalued AI stock benefiting from current trends, explore their free report.

Read more at Yahoo Finance: Stifel Lifts MPLX Price Target Amid Northwind Acquisition Growth Potential