Morgan Stanley Starts US Refiners at In Line; SUN at Overweight, TSO, VLO at Equal Weight

October 15, 2009 8:26 AM EDT

Morgan Stanley starts coverage on the U.S. Refiner group with an In Line rating. Stocks initiated include:

  • Sunoco (NYSE: SUN) at Overweight
  • Frontier Oil (NYSE: FTO) at Equal Weight
  • Holly Corp. (NYSE: HOC) at Equal Weight
  • Western Refining (NYSE: WNR) at Equal Weight
  • Tesoro (NYSE: TSO) at Equal Weight
  • Valero (NYSE: VLO) at Equal Weight
  • Alon USA Energy (NYSE: ALJ) at Underweight
  • Delek US Holdings (NYSE: DK) at Underweight


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New Coverage

Stocks Mentioned

ALJ 7.65

+0.16 +2.14%
Volume: 218,666
Track ALJ

DK 6.73

+0.17 +2.59%
Volume: 79,921
Track DK

FTO 12.18

-0.14 -1.14%
Volume: 2,586,247
Track FTO

HOC 25.95

-0.37 -1.41%
Volume: 655,900
Track HOC

SUN 25.67

-0.26 -1.00%
Volume: 3,034,359
Track SUN

TSO 13.11

-0.14 -1.06%
Volume: 3,646,913
Track TSO

VLO 16.23

-0.24 -1.46%
Volume: 13,074,710
Track VLO

WNR 4.49

-0.10 -2.18%
Volume: 2,707,096
Track WNR


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