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 7.19

+0.12 +1.70%
Volume: 281,398
Track ALJ

DK 6.87

+0.17 +2.54%
Volume: 606,638
Track DK

FTO 11.53

-0.21 -1.79%
Volume: 3,882,865
Track FTO

HOC 25.45

-0.13 -0.51%
Volume: 588,600
Track HOC

SUN 25.20

-0.23 -0.90%
Volume: 2,102,041
Track SUN

TSO 12.78

+0.09 +0.71%
Volume: 4,251,549
Track TSO

VLO 15.89

-0.11 -0.69%
Volume: 11,590,445
Track VLO

WNR 4.65

+0.08 +1.75%
Volume: 2,557,775
Track WNR


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