Reported 1 day ago
Delek US Holdings, Inc. (NYSE:DK) has seen an increase in its price target from $23 to $27 by Mizuho, which maintains an Outperform rating for the company. Despite expectations of earnings slightly below consensus estimates, Mizuho highlights the positive impact of Delek's Enterprise Optimization Plan, particularly at the El Dorado facility, and advantages in refining due to larger crack spreads. Additionally, potential benefits from EPA rulings on Small Refinery Exemptions are noted, alongside Delek's initiatives in midstream deconsolidation.
Source: YAHOO