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HFC

HollyFrontier

$35.85

-0.94 (-2.56%)

05:42
10/06/17
10/06
05:42
10/06/17
05:42

HollyFrontier downgraded to Underweight from Neutral at JPMorgan

JPMorgan analyst Phil Gresh downgraded HollyFrontier to Underweight saying valuations in Refining are "getting full" following the post-Hurricane Harvey rally. The analyst expects Brent/WTI to ultimately revert to a $3-$4 per barrel range, which he feels could weigh on HollyFrontier the most. Gresh raised his price target for the shares to $34 from $33.

  • 01

    Nov

HFC HollyFrontier
$35.85

-0.94 (-2.56%)

05/04/17
FBCO
05/04/17
DOWNGRADE
FBCO
Neutral
HollyFrontier downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse analyst Edward Westlake downgraded Holly Frontier to Neutral from Outperform and lowered its price target to $30 from $33 saying refining margins and crude spreads are not sufficient enough to re-rate shares absent corporate tax reform.
05/16/17
GSCO
05/16/17
DOWNGRADE
Target $73
GSCO
Neutral
Valero downgraded to Neutral from Buy at Goldman Sachs
Goldman Sachs analyst Neil Mehta downgraded Valero (VLO) to Neutral citing a more balanced risk/reward following the stock's outperformance. Further, the analyst thinks the upcoming OPEC meeting could drive further compression of the light-heavy differential. He lowered his 6-month target for the shares to $73 from $74. Mehta this morning also upgraded Delek US (DK) to Buy, kept a Buy rating on Marathon Petroleum (MRC) and a Sell rating on HollyFrontier (HFC).
08/02/17
SCOT
08/02/17
UPGRADE
SCOT
Outperform
HollyFrontier upgraded to Outperform from Sector Perform at Scotiabank
09/28/17
HOWW
09/28/17
UPGRADE
HOWW
Focus List
HollyFrontier upgraded to Focus List from Outperform at Scotia Howard Weil
Scotia Howard Weil analyst Blake Fernandez added HollyFrontier to the Focus List and raised its price target to $39 from $33. The analyst said the macro backdrop favors inland refiners with expanding light/sweet differentials and believes ongoing growth in Canadian production could be supportive of Canadian heavy differentials.

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