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Stock impact report

PBF Energy (PBF) Double Upgraded to ‘Overweight' [Yahoo! Finance]

PBF Energy Inc. Class A (PBF) 
Last pbf energy inc. class a earnings: 2/13 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.pbfenergy.com
Company Research Source: Yahoo! Finance
PBF Energy Inc. (NYSE:PBF) is one of the largest independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. PBF Energy Inc. (NYSE:PBF) received a boost on January 8 when Piper Sandler double upgraded the stock from Underweight to Overweight. However, the analyst also reduced its price target on the stock from $42 to $40, still indicating an upside potential of 22% from the current share price. The revision comes as Piper Sandler expects West Coast balances to tighten materially this year. PBF Energy Inc. (NYSE:PBF) disclosed on January 5 that it now expects the rebuild activities at its Martinez refinery to progress into February. The 157,000 bpd refinery was damaged by a fire in February 2025 and has been operating at partial capacity since early in the second quarter of 2025. Despite the delay, Piper Sandler believes that the petroleum refiner remains among Show less Read more
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