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Raymond James upgraded Delek US Holdings (NYSE:DK) from Outperform to Strong Buy in a report released today.

Raymond James has upgraded Delek US Holdings (NYSE:DK) from Outperform to Strong Buy in a report released on 11/13/2017.

Yesterday Delek US Holdings (NYSE:DK) traded 0.82% higher at $27.37. The company’s 50-day moving average is $25.92 and its 200-day moving average is $25.06. The last stock close price is up 2.52% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 114,393 shares of the stock were exchanged, down from an average trading volume of 995,314

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Delek US Holdings (NYSE:DK)

Delek US Holdings has a 52 week low of $14.76 and a 52 week high of $27.85 The company’s market cap is currently $0.

In addition to Raymond James reporting its target price, a total of 14 firms have reported on the stock. The consensus target price is $23.50 with 4 firms rating the stock a strong buy, 7 firms rating the stock a buy, 5 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Delek US Holdings (NYSE:DK)

Delek US Holdings, Inc. is a diversified downstream energy company. The Company has a broad platform consisting of refining, logistics, retail and wholesale marketing, renewables and asphalt operations. It operates through five segments: refining, logistics, asphalt, renewable and retail. Its refining assets consist of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day. The Logistics segment gathers, transports and stores crude oil, as well as markets, distributes transports and stores refined production in the southeast United States and West Texas. Its asphalt operations consist of 14 owned or operated asphalt terminals serving markets from Tennessee to the west coast. Its Renewables segment consists of plants in Texas and Arkansas that produce biodiesel fuel. The Company's convenience store retail business operates approximately 300 convenience stores.

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