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Fly News Breaks for August 24, 2015
HFC
Aug 24, 2015 | 07:24 EDT
BofA/Merill downgraded HollyFrontier to Underperform and raised its price target to $53 from $47. The firm believes the Refining sector has reverted to a trading sector and downgrade shares ahead of a seasonal slow-down in demand and a deteriorating macro backdrop.
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