Where Delek US Hldgs Stands With Analysts
Portfolio Pulse from Benzinga Insights
Delek US Holdings (NYSE:DK) has been analyzed by 7 analysts, showing a consensus towards an indifferent stance with 5 neutral ratings, 2 somewhat bearish, and no bullish opinions. The average 12-month price target for DK has been raised to $28.57, indicating a 6.37% increase from the previous target. Analyst actions include both upgrades and downgrades, reflecting varied expectations for the company's performance. Despite the financial challenges such as a revenue decline of -9.6%, a net margin of -4.07%, and a high debt-to-equity ratio of 3.27, analysts have adjusted their price targets based on recent developments.
May 08, 2024 | 7:00 pm
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NEUTRAL IMPACT
Delek US Holdings has received mixed analyst ratings with a consensus leaning towards neutral. The average price target has been raised to $28.57, reflecting a cautiously optimistic outlook despite financial challenges.
The mixed analyst ratings with a majority leaning towards neutral indicate a cautious market sentiment towards Delek US Holdings. The increase in the average price target suggests analysts see potential upside, despite the company's recent financial difficulties such as revenue decline and high debt levels. The short-term impact on DK's stock price is likely to be neutral as the market digests these mixed signals.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100