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3 Reasons Deutsche Bank Downgraded Delek US Holdings
Thursday, February 19, 2015 - 6:18pm | 247Deutsche Bank downgraded Delek US Holdings, Inc. (NYSE: DK) Thursday from Buy to Hold and cut its price target from $40 to $37. Analysts Ryan Todd and Igor Grinman based the downgrade on three factors. First, the company’s valuation was relatively high after being a top performer YTD...
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UPDATE: Deutsche Bank Initiates Coverage Of Phillips 66 On Exposure To Secular Growth
Thursday, October 9, 2014 - 11:18am | 229Deutsche Bank initiated coverage of Phillips 66 (NYSE: PSX) on Wednesday with a Hold rating and price target of $99. In Wednesday’s report, analysts Ryan Todd and Igor Grinman explained that Phillips 66 offers “investors significant (and growing) exposure to secular growth in the...
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Deutsche Bank Initiates Coverage On Valero Energy Corporation, Says Company Is Well Positioned
Thursday, October 9, 2014 - 11:01am | 230Deutsche Bank initiated coverage of Valero Energy Corporation (NYSE: VLO) on Wednesday with a Buy rating and price target of $60. In Wednesday’s report, analysts Ryan Todd and Igor Grinman claimed that Valero “is well positioned to benefit from what we see as three primary dynamics...
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UPDATE: Deutsche Bank Initiates Coverage of Marathon Petroleum Corp, Call Stock A 'Top Pick'
Thursday, October 9, 2014 - 10:43am | 210Deutsche Bank initiated coverage of Marathon Petroleum Corp. (NYSE: MPC) on Wednesday with a Buy Rating and price target of $103. Analysts Ryan Todd and Igor Grinman called Marathon a “top pick” and that it “offers one of the most balanced investment cases in our coverage...