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Stock Market & Financial Investment News

News Breaks
February 5, 2013
06:25 EDTALJAlon USA Energy downgraded to Neutral from Buy at Goldman
Goldman downgraded Alon USA Energy (ALJ) given relative outperformance vs. Alon USA Partners (ALDW), which was downgraded. Alon USA Energy price target is $21.
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April 8, 2014
07:52 EDTALJRefiners 2014 EPS estimates raised at Wells Fargo
Wells Fargo significantly raised its 2014 EPS estimates for Alon USA (ALJ), PBF Energy (PBF), Valero (VLO), and Western Refining (WNR) . The firm thinks that the sector is benefiting from better crack spreads and refining utilization so far in Q2, while U.S. exports of refined products jumped 21% year-over-year last quarter. Wells keeps Outperform ratings on PBF and Valero, and Market Perform ratings on Alon USA and Western Refining.

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