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Stock Market & Financial Investment News

News Breaks
July 11, 2014
05:54 EDTHFCHollyFrontier upgraded to Neutral from Sell at Citigroup
Citigroup upgraded HollyFrontier to Neutral citing valuation but lowered its price target for shares to $40 from $42.
News For HFC From The Last 14 Days
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July 14, 2014
18:15 EDTHFCOn The Fly: After Hours Movers
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18:02 EDTHFCRefiners weak after Valero Q2 guidance misses consensus estimates
Shares of select companies in the oil refinery space are weaker in after-hours trading after Valero, an independent petroleum refining and marketing company, gave second quarter guidance that was lower than consensus estimates. WHAT'S NOTABLE: Valero said it expects Q2 EPS of $1.10-$1.25 versus a consensus estimate of $1.39. PRICE ACTION: Valero shares are lower by $1.70, or 3.4%, to $48.22. OTHERS TO WATCH: Tesoro Corporation (TSO) is down by almost 1%, HollyFrontier Corporation (HFC) is down 0.6%, and Marathon Petroleum Corporation (MPC) is lower by 0.36%.
July 11, 2014
10:00 EDTHFCOn The Fly: Analyst Upgrade Summary
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05:54 EDTHFCHollyFrontier upgraded to Neutral from Sell at Citigroup
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July 10, 2014
10:05 EDTHFCOn The Fly: Analyst Upgrade Summary
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07:41 EDTHFCHollyFrontier upgraded to Neutral from Underperform at Macquarie
Macquarie upgraded HollyFrontier to Neutral based on valuation. Price target is $45.
July 9, 2014
10:02 EDTHFCOn The Fly: Analyst Upgrade Summary
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07:28 EDTHFCHollyFrontier upgraded to Outperform at Wells Fargo
Wells Fargo upgraded HollyFrontier to Outperform from Market Perform citing the recent pullback in shares and a positive outlook for crude differentials in late 2014/2015. Wells keeps a $50-$53 price target range for shares.
06:04 EDTHFCHollyFrontier upgraded to Outperform from Market Perform at Wells Fargo
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