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Fly News Breaks for January 5, 2016
HFC
Jan 5, 2016 | 08:00 EDT
As previously reported, BofA/Merrill upgraded HollyFrontier two notches to Buy from Underperform and lowered its price target to $50 from $53 on shares. Analyst Doug Leggate upgraded shares based on relative valuation and said it is an attractive seasonal margin play and an prime candidate for sector consolidation.
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