Wells Fargo Maintains Underweight on Delek US Hldgs, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read maintains an Underweight rating on Delek US Holdings (NYSE:DK) but raises the price target from $20 to $21.
September 03, 2024 | 1:09 pm
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Wells Fargo's analyst Roger Read maintains an Underweight rating on Delek US Holdings but raises the price target from $20 to $21, indicating a slight positive adjustment in valuation.
The Underweight rating suggests a cautious stance on Delek US Holdings, but the slight increase in the price target from $20 to $21 indicates a marginally improved outlook. This mixed signal is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100