Wells Fargo Maintains Underweight on Delek US Hldgs, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an 'Underweight' rating on Delek US Holdings (NYSE:DK) and lowered the price target from $24 to $23.
October 09, 2023 | 11:52 am
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NEGATIVE IMPACT
Wells Fargo has maintained an 'Underweight' rating on Delek US Holdings and lowered the price target from $24 to $23.
The 'Underweight' rating maintained by Wells Fargo indicates a negative outlook for Delek US Holdings. The lowering of the price target from $24 to $23 further suggests that the analyst expects the stock price to underperform in the short term. This could potentially lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100