B of A Securities Reinstates Underperform on Delek Logistics Partners, Announces $36 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has reinstated an 'Underperform' rating on Delek Logistics Partners (NYSE:DKL) with a price target of $36.
October 17, 2024 | 4:14 pm
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B of A Securities has reinstated an 'Underperform' rating on Delek Logistics Partners with a price target of $36, indicating potential downside.
The 'Underperform' rating suggests that the analyst expects DKL to perform worse than the market or its peers. The $36 price target is below the current trading price, indicating potential downside. This could lead to negative sentiment and selling pressure on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100