Delek US Holdings shares are trading higher. Wells Fargo maintained an Underweight rating on the stock but raised its price target from $19 to $24.
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has maintained an Underweight rating on Delek US Holdings but raised its price target from $19 to $24. This has led to a rise in Delek's share prices.
September 08, 2023 | 5:17 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Delek US Holdings' stock price is trading higher after Wells Fargo maintained an Underweight rating but raised its price target from $19 to $24.
The increase in Delek US Holdings' stock price can be attributed to Wells Fargo's decision to raise its price target on the stock, despite maintaining an Underweight rating. This suggests that Wells Fargo sees potential for the stock's price to increase, which has likely boosted investor confidence and driven up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100