Barclays Reinstates Equal-Weight on HF Sinclair, Announces $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Theresa Chen reinstated HF Sinclair (NYSE:DINO) with an Equal-Weight rating and set a price target of $60.

February 26, 2024 | 11:11 am
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Barclays reinstated HF Sinclair with an Equal-Weight rating and a $60 price target.
The reinstatement of HF Sinclair by Barclays with an Equal-Weight rating and a $60 price target suggests a positive outlook on the stock's performance. This analyst rating can influence investor sentiment and potentially drive the stock price up in the short term, especially if the market perceives the target as an indication of undervalued status.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90