UPDATE - Global Hunter Securities Initiates Coverage on HollyFrontier (HFC) with a Buy; The King of the Mid-con

November 1, 2011 9:19 AM EDT
Get Alerts HFC Hot Sheet
Price: $36.39 --0%

Rating Summary:
    10 Buy, 12 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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UPDATE - Global Hunter Securities initiates coverage on HollyFrontier (NYSE: HFC) with a Buy. PT $48.00.

Global analyst said, "We believe it is well understood that HFC provides investors with the widest footprint among pure-play mid-continent refiners, along with an extremely high quality balance sheet. If as we expect, the company should begin to consistently show the financial benefits of its geographic position. We see HFC shares transitioning from value to momentum, and would encourage participation."

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