Wells Fargo analyst Roger Read lowered the firm’s price target on Delek US to $21 from $25 and keeps an Underweight rating on the shares. While inland crude differentials have recently expanded by a few dollars per barrel, they remain narrow as compared to the 2010s, the firm notes.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on DK: