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 7.07

-0.29 -3.94%
Volume: 348,755
Track ALJ

DK 6.70

-0.01 -0.15%
Volume: 68,653
Track DK

FTO 11.74

-0.58 -4.71%
Volume: 2,532,967
Track FTO

HOC 25.58

-0.95 -3.58%
Volume: 367,606
Track HOC

SUN 25.43

-0.55 -2.12%
Volume: 1,218,578
Track SUN

TSO 12.69

-0.49 -3.72%
Volume: 1,910,296
Track TSO

VLO 16.00

-0.35 -2.14%
Volume: 5,911,615
Track VLO

WNR 4.57

-0.19 -3.99%
Volume: 1,066,548
Track WNR


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