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 7.38

+0.00 +0.00%
Volume: 602,579
Track ALJ

DK 6.74

+0.00 +0.00%
Volume: 73,125
Track DK

FTO 12.22

+0.00 +0.00%
Volume: 3,670,919
Track FTO

HOC 25.84

+0.00 +0.00%
Volume: 896,683
Track HOC

SUN 25.62

+0.00 +0.00%
Volume: 2,864,287
Track SUN

TSO 12.90

+0.00 +0.00%
Volume: 4,142,470
Track TSO

VLO 16.01

+0.00 +0.00%
Volume: 14,884,580
Track VLO

WNR 4.87

+0.00 +0.00%
Volume: 6,592,889
Track WNR


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