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Stock Market & Financial Investment News

News Breaks
February 20, 2013
08:40 EDTVLO, MPC, TSOCoastal refiners outlook more favorable for 2013, says Wells Fargo
Wells Fargo is generally upbeat on the refining sector but believes that inland differentials will decline as 2013 unfolds, and thus favors coastal refiners Marathon Petroleum (MPC), Valero Energy (VLO), and Tesoro (TSO). The firm increased its valuation range on Marathon to $100-$104 from $87-$91, on Valero to $54-$56 from $50-$52, and on Tesoro to $71-$74 from $62-$64. The firm maintains Outperform ratings on all three stocks.
News For MPC;VLO;TSO From The Last 14 Days
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April 20, 2015
15:35 EDTVLO, MPC, TSOSenator to introduce legislation to repeal U.S. crude export ban, Fuelfix says
Senator Lisa Murkowski, the head of the Senate Energy and Natural Resources Committee, pledged during the IHS Energy CERAWeek conference to advance legislation lifting the U.S. ban on crude oil exports, reported Fuelfix. Publicly traded refiners include Delek US (DK), HollyFrontier (HFC), Marathon Petroleum (MPC), Phillips 66 (PSX), Tesoro (TSO), Valero (VLO) and Western Refining (WNR). Reference Link
14:56 EDTMPC, VLO, TSOSenator to introduce legislation to repeal U.S. crude export ban, Reuter says
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06:19 EDTTSO, VLO, MPCCiti still bullish on U.S. Refiners, Marathon Petroleum a top pick
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April 8, 2015
08:42 EDTTSOTesoro price target raised to $99 from $90 at Cowen
Cowen raised its price target on Tesoro (TSO) to $99 from $90 as they do not see the potential growth of Tesoro Logistics (TLLP) fully reflected in its share price. The firm sees Tesoro shares as undervalued and reiterated its Outperform rating on the stock.

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