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Fly News Breaks for January 11, 2018
DK
Jan 11, 2018 | 08:31 EDT
As previously reported, Morgan Stanley analyst Benny Wong upgraded Delek US to Overweight from Equal Weight, saying he sees the company as positioned for better relative refining earnings given its locational advantage in the Permian. He also sees Delek US as quickly moving into a position to offer higher cash returns. Wong raised his price target on the stock to $44 from $34.
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