Citigroup Upgrades Delek Logistics Partners to Buy, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Douglas Irwin has upgraded Delek Logistics Partners (NYSE:DKL) from Neutral to Buy, raising the price target from $44 to $45.
August 28, 2024 | 1:07 pm
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POSITIVE IMPACT
Citigroup has upgraded Delek Logistics Partners to Buy, increasing the price target to $45, indicating a positive outlook on the stock.
The upgrade from Neutral to Buy by a major financial institution like Citigroup is likely to positively influence investor sentiment and could lead to an increase in the stock price. The raised price target also suggests confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100