BofA reinstated coverage of Delek US with an Underperform rating and $15 price target The firm believes the 50% of midstream assets which support Delek’s refining and logistics should get a refining multiple, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DK:
- Delek US price target lowered to $22 from $25 at Scotiabank
- Delek US price target lowered to $18 from $21 at Wells Fargo
- Delek US price target lowered to $19 from $26 at JPMorgan
- Delek US price target lowered to $19 from $25 at Piper Sandler
- Delek US price target lowered to $22 from $24 at Morgan Stanley