Par Pacific Holdings Reports Fourth Quarter And Full-Year 2015 Results

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Imperial Capital Cuts Price Target on Par Petroleum (PARR) Following a 4Q Review

March 1, 2016 11:43 AM EST

Imperial Capital maintained an Outperform rating on Par Petroleum (NYSE: PARR), and cut the price target to $25.00 (from $30.00), following a review of the company's 4Q. PARR guided to refinery throughput and, on-island sales targets that were roughly consistent with expectations. However, the company cited $5-10mn... More