Goldman Sachs Downgrades CVR Energy (CVI) to Sell

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Goldman Sachs Starts CVR Refining (CVRR) at Neutral

June 10, 2013 7:17 AM EDT

Goldman Sachs initiates coverage on CVR Refining (NYSE: CVRR) with a Neutral. PT $37.00.

Analyst Arjun N. Murti comments, "CVR Refining is a variable-distribution refining MLP similar in structure to Alon USA Partners and Northern Tier Energy. The company is a pure-play on Cushing-area... More