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Fly News Breaks for February 13, 2017
HFC
Feb 13, 2017 | 06:50 EDT
Goldman analyst Neil Mehta reinstated coverage on HollyFrontier with a Sell and a $26 price target. The analyst is concerned about earnings power in the Rockies refining segment, lack of free cash flow generation reducing potential buybacks, low 1H 2017 Mid-Con refining margins, and premium valuation.
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