TD Cowen Downgrades Delek US Hldgs to Sell, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Jason Gabelman has downgraded Delek US Holdings (NYSE:DK) from Hold to Sell and lowered the price target from $25 to $20.
June 10, 2024 | 11:37 am
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TD Cowen has downgraded Delek US Holdings from Hold to Sell and reduced the price target from $25 to $20, indicating a bearish outlook.
The downgrade from Hold to Sell and the reduction in the price target from $25 to $20 by TD Cowen suggests a negative outlook for Delek US Holdings. This is likely to result in a short-term decline in the stock price as investors react to the bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100