Raymond James Maintains Outperform on Delek US Hldgs, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Justin Jenkins has maintained an 'Outperform' rating on Delek US Holdings (NYSE:DK) but lowered the price target from $33 to $32.
November 08, 2023 | 11:26 am
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Delek US Holdings' price target has been lowered from $33 to $32 by Raymond James, though the 'Outperform' rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors. However, the maintained 'Outperform' rating indicates that the analyst still sees potential in the stock, which could balance out the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100