Updated

Wall Street analysts issued a series of bullish calls on major energy companies. Morgan Stanley said it sees Marathon Petroleum breaking into new highs and separately forecast more upside for Valero's rally, while also predicting Shell shares could reach new highs. BMO Capital, meanwhile, bet on a rebound in Enbridge shares. The wave of positive commentary reflects renewed optimism toward refiners and integrated energy names amid favorable crack spreads and pipeline economics. None of the notes disclosed specific price targets, but the coordinated bullish tone across multiple large banks points to broadly improving sentiment toward the energy sector.