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PBF

PBF Energy

$21.71

-0.48 (-2.16%)

05:43
10/10/16
10/10
05:43
10/10/16
05:43

PBF Energy downgraded to Underweight from Equal Weight at Barclays

Barclays analyst Paul Cheng downgraded PBF Energy to Underweight and lowered his price target for the shares to $19 from $26. The analyst believes PBF has the biggest potential for Q3 earnings downside within the Energy space.

  • 28

    Oct

PBF PBF Energy
$21.71

-0.48 (-2.16%)

07/19/16
SBSH
07/19/16
UPGRADE
Target $92
SBSH
Buy
Tesoro upgraded to Buy from Neutral at Citi
Citi analyst Faisel Khan upgraded Tesoro (TSO) to Buy saying the shares are trading at a significant discount to net asset value. The analyst believes sentiment for the Refiners group is bottoming. He has a $92 price target for the shares. Khan points out that PBF Energy (PBF) remains his top pick in the space. He lowered his price target for the shares to $39 from $49.
08/08/16
TUDR
08/08/16
DOWNGRADE
TUDR
Hold
PBF Energy downgraded to Hold from Buy at Tudor Pickering
09/08/16
GSCO
09/08/16
DOWNGRADE
Target $19
GSCO
Sell
PBF Energy downgraded to Sell from Neutral at Goldman
Goldman Sachs analyst Neil Mehta downgraded PBF Energy (PBF) to Sell saying he expects the company to generate negative free cash flow from 2016-2018 and cut its dividend by 30% in 2018. He views the earnings guidance for acquired refiners at Chalmette and Torrance as aggressive. Mehta cut his six-month price target for the shares to $19 from $23. The analyst post close also upgraded CVR Energy (CVI) to Neutral.
09/21/16
WELS
09/21/16
DOWNGRADE
WELS
Market Perform
Delek US downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo analyst Roger Read downgraded Delek US (DK) to Market Perform saying the recent rally in the shares has limited the near-term return potential. The analyst raised his price target range for the stock to $17-$19 from $16-$17. In Refining, Read calls Valero (VLO) and Marathon Petroleum (MPC) his top picks among the large caps and PBF Energy (PBF) his top pick among the small caps.

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