Dahlman Rose Starts DK, TSO, VLO, HFC, MPC at Buy, WNR, ALJ at Hold

Article Stock Quotes (7) Comments (0)

Dahlman Rose's Sam Margolin initiated coverage on the US Independent Refining sector Friday morning. The analyst said, "While the deep capacity rationalization expected for 2012 is likely to be put on hold, the North American upstream renaissance continues to provide beneficial effects, setting up for a potential long-term advantage."

Margolin started coverage on the following stocks:

• Delek (NYSE: DK) with a Buy rating and $20 price target
  
• Tesoro (NYSE: TSO) with a Buy rating and $33 price target
  
• Valero (NYSE: VLO) with a Buy rating and $32 price target
  
• HollyFrontier (NYSE: HFC) with a Buy rating and $40 price target
  
• Marathon Petroleum (NYSE: MPC) with a Buy rating and $55 price target
  
• Western Refining (NYSE: WNR) with a Hold rating
  
• Alon USA Energy (NYSE: ALJ) with a Hold rating

Check out our Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Deutsche Bank Resumes CenterPoint Energy (CNP) at Hold
• Roth Capital Resumes LeapFrog (LF) at Buy
• Roth Capital Resumes Crown Crafts (CRWS) at Buy

Create E-mail Alert Related Categories

New Coverage

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?