| 2018-09-25 07:19:36|
HEP 07:19 09/25 09/25/18
Holly Energy Partners downgraded to Underweight from Equal Weight at Barclays
Barclays analyst Theresa Chen downgraded Holly Energy Partners to Underweight and lowered her price target for the shares to $28 from $30. The partnership faces around 1.0 times coverage in the foreseeable period and has limited growth visibility beyond inflation escalators and small organic projects, Chen tells investors in a research note. The analyst views the stock as fully valued following the recent rally.