Goldman Sachs Upgrades HollyFrontier (HFC) to Buy

November 15, 2011 7:11 AM EST
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: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Goldman Sachs upgraded HollyFrontier (NYSE: HFC) form Neutral to Buy with a price target of $38 (up from$31), suggesting 35% upside.

The firm cited the recent relative underperformance. They also seek to add exposure to their constructive Mid-Continent refining view and have a longstanding favorable stance toward the company.

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

Shares of HollyFrontier closed at $27.50 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Hot Upgrades, Upgrades

Related Entities

Goldman Sachs