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Stock Market & Financial Investment News

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March 10, 2014
06:08 EDTALJAlon USA Energy upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse upgraded Alon USA Energy due to increasing West Coast logistics potential following progress re-purposing existing asphalt terminals to take crude delivery by rail and progress on permits to expand rail offtake at Bakersfield. Price target is $19.
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September 10, 2014
08:10 EDTALJAlon USA Energy receives approval for Bakersfield rail and refinery project
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September 8, 2014
08:39 EDTALJRail decision on Tuesday could add $7 to Alon USA Energy, says Credit Suisse
Credit Suisse said the Kern County Board will announce its decision on Alon USA Energy's Bakersfield project on Tuesday. The analyst believes this may add $7 per share when constructed, and could allow Alon USA Energy to launch its own MLP. Shares are Outperform rated with a $21 price target.

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