B of A Securities Reinstates Underperform on Delek US Hldgs, Announces $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has reinstated an 'Underperform' rating on Delek US Holdings (NYSE:DK) with a price target of $15.
October 17, 2024 | 4:13 pm
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B of A Securities has reinstated an 'Underperform' rating on Delek US Holdings with a price target of $15, suggesting potential downside.
The 'Underperform' rating and a price target of $15 from B of A Securities suggest that the stock is expected to underperform relative to the market. This could lead to a negative short-term impact on the stock price as investors may react to the analyst's bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100