Citigroup Upgrades Delek Logistics Partners to Neutral, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Spiro Dounis has upgraded Delek Logistics Partners (DKL) from Sell to Neutral and lowered the price target from $47 to $45.

September 08, 2023 | 11:26 am
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NEUTRAL IMPACT
Delek Logistics Partners has been upgraded to Neutral from Sell by Citigroup, but the price target has been lowered from $47 to $45.
The upgrade from Sell to Neutral indicates a more positive outlook on the company by the analyst, which could potentially lead to increased investor confidence. However, the lowering of the price target could indicate a less optimistic view on the company's future performance, which could potentially have a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100