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Stock Market & Financial Investment News

News Breaks
February 20, 2013
06:46 EDTDKDelek US Holdings downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo remains positive on the U.S. refining sector but downgraded Delek US Holdings as the firm believes that coastal refiners have a more favorable outlook for 2013.
News For DK From The Last 14 Days
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March 25, 2015
09:29 EDTDKRefining stocks can outperform commodities within cycle, says Cowen
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09:19 EDTDKRefining sector price targets raised at Morgan Stanley
Morgan Stanley believes the market is underestimating US downstream earnings power. The firm expects US refining to re-rate, driven by relative valuations, secular tailwinds, and focus on shareholder returns. Morgan Stanley raised price targets on Valero (VLO) to $90 from $70, Tesoro (TSO) to $120 from $92, Phillips 66 (PSX) to $105 from $95, Western Refining (WNR) to $63 from $52, Delek US (DK) to $48 from $45, Marathon Petroleum (MPC) to $145 from $120, and PBF Energy (PBF) to $45 from $35.
March 23, 2015
08:20 EDTDKDelek completes Tyler turnaround, gives details on two pipeline projects
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08:05 EDTDKPlains All American enters JV with Delek Logistics to build Caddo Pipeline
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March 20, 2015
16:33 EDTDKRangeland Energy announces long-term agreement with Delek US subsidiary
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