Goldman Sachs Downgrades Delek Logistics Partners, LP (DKL) to Neutral

Goldman Sachs downgraded Delek Logistics Partners, LP (NYSE: DKL) from Buy to Neutral with a price target of $36.00.

Analyst Steve Sherowski said, "Since we initiated coverage on DKL with a Buy rating on November 27, 2012, the units are up 44.7% vs. the S&P 500 (up 32.0%) and have outperformed the AMZ (up 15.7%). Based on the implied 11% total return potential to our $36, 12-month price target (vs. 13% for liquids focused MLPs), we now see greater relative upside in other companies in our coverage universe."

For an analyst ratings summary and ratings history on Delek Logistics Partners, LP click here. For more ratings news on Delek Logistics Partners, LP click here.

Shares of Delek Logistics Partners, LP closed at $33.27 yesterday.

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