PBF Energy (PBF) to Acquire Remaining Public Stake in PBF Logistics (PBFX)

Go back to PBF Energy (PBF) to Acquire Remaining Public Stake in PBF Logistics (PBFX)

Wolfe Research Upgrades PBF Energy (PBF) to Peerperform, 'Our Underperform rating has been putrid'

July 28, 2022 1:25 PM EDT

Wolfe Research analyst Sam Margolin upgraded PBF Energy (NYSE: PBF) from Underperform to Peerperform with a price target of $36.00 (from $25.00).

The analyst comments "PBF's debt repayment announcements came throughout the quarter but 2Q22 results laid bare the transformation in the capital structure. Last... More