Citigroup Maintains Neutral on Holly Energy Partners, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Spiro Dounis maintains a Neutral rating on Holly Energy Partners (NYSE:HEP) and raises the price target from $17 to $22.

August 17, 2023 | 2:15 pm
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Citigroup has maintained a Neutral rating on Holly Energy Partners and raised the price target from $17 to $22.
The news directly pertains to Holly Energy Partners (HEP). Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $17 to $22 suggests a positive outlook in the longer term. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100