Goldman Sachs Upgrades Alon USA Partners (ALDW) to Buy; Downgrades Alon USA Energy (ALJ) to Neutral
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Price: $24.70 +1.44%
Rating Summary:
2 Buy, 1 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 21 | Down: 24 | New: 29
Rating Summary:
2 Buy, 1 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 21 | Down: 24 | New: 29
Trade ALDW Now!
Goldman Sachs upgraded Alon USA Partners (NYSE: ALDW) from Neutral to Buy with a price target of $31 and simultaneously downgraded Alon USA Energy, Inc. (NYSE: ALJ) from Buy to Neutral with a $21 price target.
The firm notes: "Since late December 2012, shares of ALJ are up by over one-third, while shares of ALDW are down slightly over the same time frame. Given the divergence, we see meaningfully more upside to our ALDW price target than we do for ALJ."
For an analyst ratings summary and ratings history on Alon USA Partners click here. For more ratings news on Alon USA Partners click here.
Shares of Alon USA Partners closed at $23.50 yesterday, with a 52 week range of $16.84-$25.33.
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The firm notes: "Since late December 2012, shares of ALJ are up by over one-third, while shares of ALDW are down slightly over the same time frame. Given the divergence, we see meaningfully more upside to our ALDW price target than we do for ALJ."
For an analyst ratings summary and ratings history on Alon USA Partners click here. For more ratings news on Alon USA Partners click here.
Shares of Alon USA Partners closed at $23.50 yesterday, with a 52 week range of $16.84-$25.33.
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