UPDATE - Global Hunter Securities Initiates Coverage on Alon USA Energy (ALJ) with a Neutral; Screening at the High-end of the Valuation Curve
Tweet
Share
E-mailGet Alerts ALJ Hot Sheet
Price: $13.32 --0%
Rating Summary:
2 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
2 Buy, 9 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
UPDATE - Global Hunter Securities initiates coverage on Alon USA Energy (NYSE: ALJ) with a Neutral.
Global analyst said, "Alon's somewhat unusual asset base has catalysts in the pipeline. With the integration of the Bakersfield cat-cracker and plans to bring WTI to Krotz Springs, earnings carry upside potential. However, these initiatives position ALJ shares as somewhat of a show-me story, which is why we are initiating coverage with a Neutral, but we are monitoring progress closely."
To see more ratings changes on ALJ, Click Here
Global analyst said, "Alon's somewhat unusual asset base has catalysts in the pipeline. With the integration of the Bakersfield cat-cracker and plans to bring WTI to Krotz Springs, earnings carry upside potential. However, these initiatives position ALJ shares as somewhat of a show-me story, which is why we are initiating coverage with a Neutral, but we are monitoring progress closely."
To see more ratings changes on ALJ, Click Here
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Walmart (WMT) PT Lowered to $130 at UBS on Investment Narrative's Competing Dynamics
- S&P 500 may pull back before midterms, but Citi says buy the dip
- DA Davidson Reiterates Buy Rating on Box, Inc. (BOX) on Secular Tailwinds for Demand
Create E-mail Alert Related Categories
New CoverageRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
