Mizuho Maintains Buy on HF Sinclair, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Buy rating on HF Sinclair (NYSE:DINO) but lowers the price target from $69 to $56.
May 19, 2023 | 11:08 am
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Mizuho analyst Nitin Kumar maintains a Buy rating on HF Sinclair but lowers the price target from $69 to $56.
The news directly mentions HF Sinclair (NYSE:DINO) and the lowered price target by Mizuho analyst Nitin Kumar. While the Buy rating is maintained, the reduced price target may have a neutral short-term impact on the stock price as it indicates a lower expected return for investors, but still suggests a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100