Raymond James Downgrades Holly Energy Partners to Market Perform, Announces $21 Price Target
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Justin Jenkins has downgraded Holly Energy Partners (NYSE:HEP) from Outperform to Market Perform and set a price target of $21.
August 25, 2023 | 9:21 am
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Holly Energy Partners has been downgraded by Raymond James from Outperform to Market Perform with a price target of $21.
The downgrade from Outperform to Market Perform by Raymond James indicates a less optimistic outlook for Holly Energy Partners. This could potentially lead to a decrease in the stock's price in the short term. The price target of $21 also provides a benchmark for investors.
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