Imperial Capital Starts Western Refining (WNR) at In-Line

November 14, 2012 6:48 AM EST
Get Alerts WNR Hot Sheet
Price: $34.89 +0.09%

Rating Summary:
    6 Buy, 12 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
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Imperial Capital initiates coverage on Western Refining (NYSE: WNR) with a In-Line. PT $28.00.

"Due to strong cash flows resulting from its ability to process price-advantaged WTI-based barrels, WNR has materially strengthened its balance sheet over the past two years and is now shifting capital towards growth opportunities across its system and returning cash to shareholders," the analyst comments.

For an analyst ratings summary and ratings history on Western Refining click here. For more ratings news on Western Refining click here.

Shares of Western Refining closed at $26.16 yesterday.

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