Goldman Sachs Maintains Conviction Buy on HollyFrontier (HFC)

February 27, 2013 10:25 AM EST
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Price: $33.07 -3.02%

Rating Summary:
    10 Buy, 11 Hold, 2 Sell

Rating Trend: Up Up

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    Up: 21 | Down: 36 | New: 11
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Goldman Sachs today maintained a Conviction Buy on HollyFrontier (NYSE: HFC) with a price target of $69.00.

"We maintain our CL-Buy on HollyFrontier following 'noisy' 4Q2012 results for the following reasons: We remain bullish MidCon crude oil spreads versus
expectations . . . Valuation remains attractive, . . . Leader in keeping its 'social contract'."

For an analyst ratings summary and ratings history on HollyFrontier (NYSE: HFC) click here. For more ratings news on HollyFrontier click here.

Shares of HollyFrontier closed at $54.30 yesterday.

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