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Zacks Investment Research downgraded CVR Refining LP (NYSE:CVRR) to Sell in a report released today.

Having a price of $9.20, CVR Refining LP (NYSE:CVRR) traded 4.78% higher on the day. With the last stock price down -25.91% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.05% over the same period. CVRR has recorded a 50-day average of $8.47 and a two hundred day average of $9.62. Trade Volume was down over the average, with 232,202 shares of CVRR changing hands under the typical 435,330

Zacks Investment Research has downgraded CVR Refining LP (NYSE:CVRR) to Sell in a statement released on 7/5/2017.

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With a total market value of $0, CVR Refining LP has 52 week low of $6.25 and a 52 week high of $12.55 with a P/E ratio of 19.85 .

In addition to Zacks Investment Research reporting its stock price target, a total of 7 brokers have issued a research note on the company. The average stock price target is $11.14 with 0 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 6 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 1 broker rating the stock a sell.

General Information About CVR Refining LP (NYSE:CVRR)

CVR Refining, LP is an independent downstream energy limited partnership with refining and related logistics assets that operates in the mid-continent region. The Company is a petroleum refiner. It owned and operated a complex full coking medium-sour crude oil refinery in Coffeyville, Kansas with a rated capacity of 115,000 barrels per calendar day (bpcd) and a complex crude oil refinery in Wynnewood, Oklahoma with a rated capacity of 70,000 bpcd capable of processing 20,000 bpcd of light sour crude oils (within its rated capacity of 70,000 bpcd), as of December 31, 2016. In addition, it also controlled and operated supporting logistics assets, including approximately 340 miles of active owned and leased pipelines, approximately 150 crude oil transports, a network of crude oil gathering tank farms, approximately 6.4 million barrels of owned and leased crude oil storage and over 4.5 million barrels of combined refined products and feedstocks storage capacity, as of December 31, 2016.

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