Wells Fargo Maintains Underweight on Delek US Hldgs, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an 'Underweight' rating on Delek US Holdings (NYSE:DK) and raised the price target from $19 to $24.
September 08, 2023 | 1:30 pm
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NEUTRAL IMPACT
Delek US Holdings' price target has been raised from $19 to $24 by Wells Fargo, while maintaining an 'Underweight' rating.
The price target for Delek US Holdings has been raised by Wells Fargo, which indicates a positive outlook for the company. However, the 'Underweight' rating suggests that the stock may underperform compared to other stocks in the market. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100