Goldman Sachs Resumes Alon USA Energy (ALJ) at Sell

Goldman Sachs resumed coverage on Alon USA Energy (NYSE: ALJ) with a Sell rating and a price target of $16.00.

Analyst Neil Mehta said, "We resume coverage of Alon USA (ALJ) with a Sell rating and 6-month SOTP-based price target of $16, implying -3% return. We see 21%/4% downside to consensus EPS estimates for 2015/2016."

For an analyst ratings summary and ratings history on Alon USA Energy click here. For more ratings news on Alon USA Energy click here.

Shares of Alon USA Energy closed at $16.32 yesterday.

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