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Fly News Breaks for January 14, 2020
DK
Jan 14, 2020 | 08:01 EDT
Barclays analyst Theresa Chen initiated coverage of Delek US with an Equal Weight rating and $33 price target. The analyst thinks Delek's progress in diversifying its cash flows out of refining and into midstream is positive, but she expects the Midland-Cushing premium to continue and notes the company has the most exposure to Midland out of the group.
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