Raymond James Maintains Outperform Rating for Delek US Hldgs: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Raymond James has maintained its Outperform rating for Delek US Holdings (NYSE:DK) and increased its price target from $32.00 to $34.00. Delek's shares are currently trading down 0.51% at $29.54 per share. A move to $34.00 would represent a 15.1% increase from the current share price.
September 20, 2023 | 5:00 pm
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Raymond James has maintained its Outperform rating for Delek US Holdings and raised its price target. This could potentially lead to an increase in the stock's price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, Raymond James, a reputable financial institution, has maintained an Outperform rating for Delek US Holdings and raised its price target. This suggests that they believe the company's stock will perform better than the market average, which could lead to increased investor interest and a potential rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100