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 7.49

+0.30 +4.17%
Volume: 349,212
Track ALJ

DK 6.56

-0.09 -1.35%
Volume: 376,640
Track DK

FTO 12.32

+0.06 +0.49%
Volume: 2,766,785
Track FTO

HOC 26.32

+0.11 +0.42%
Volume: 561,895
Track HOC

SUN 25.93

+0.39 +1.53%
Volume: 5,823,032
Track SUN

TSO 13.25

+0.03 +0.23%
Volume: 4,803,952
Track TSO

VLO 16.47

+0.11 +0.67%
Volume: 12,711,941
Track VLO

WNR 4.59

+0.01 +0.22%
Volume: 2,757,264
Track WNR


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