Western Refining target lowered to $4.50 from $6 at Caris
Caris lowered its 2010 EPS estimates for Western Refining as the firm predicts that the company's margins will continue to be pressured. The firm predicts that the company will breach its covenant and be forced to pay a higher interest rate. Caris maintains a Below Average rating on the stock. :theflyonthewall.com
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