Mizuho Maintains Underperform on Delek US Hldgs, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has maintained an Underperform rating on Delek US Holdings (DK) but raised the price target from $26 to $30.

March 22, 2024 | 2:41 pm
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Mizuho has maintained an Underperform rating on Delek US Holdings but increased the price target from $26 to $30.
While the Underperform rating suggests a negative outlook on the stock, the increase in price target from $26 to $30 indicates a slightly more positive view on the stock's valuation than previously. This mixed signal could lead to neutral short-term price movement as investors digest both the reaffirmed negative rating and the increased price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100