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Morgan Stanley Starts US Refiners at In Line; SUN at Overweight, TSO, VLO at Equal Weight

October 15, 2009 8:26 AM EDT
SUN Hot Sheet
Rating Summary:
    1 Buy, 9 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 24 | Down: 13 | New: 29
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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