Piper Sandler Maintains Overweight on HF Sinclair, Lowers Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Ryan Todd maintains an Overweight rating on HF Sinclair (NYSE:DINO) but lowers the price target from $76 to $67.

March 08, 2024 | 2:31 pm
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NEUTRAL IMPACT
Piper Sandler maintains an Overweight rating on HF Sinclair but lowers the price target from $76 to $67.
While the maintenance of an Overweight rating suggests continued confidence in HF Sinclair's fundamentals and growth prospects, the reduction in the price target could indicate a reassessment of the company's near-term valuation or potential headwinds. This mixed signal might lead to a neutral short-term impact on the stock as investors weigh the positive rating against the lowered price expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100