JP Morgan Maintains Neutral on HF Sinclair, Lowers Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Royall maintains a Neutral rating on HF Sinclair (NYSE:DINO) but lowers the price target from $60 to $51.
October 02, 2024 | 3:44 pm
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NEGATIVE IMPACT
JP Morgan has maintained a Neutral rating on HF Sinclair but reduced the price target from $60 to $51, indicating a less optimistic outlook.
The reduction in the price target from $60 to $51 by JP Morgan suggests a less favorable view on HF Sinclair's future performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100