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Stock impact report

PBF Energy (PBF) Price Target Raised to $36 [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. On January 14, Citi raised its price target on PBF Energy Inc. (NYSE:PBF) from $29 to $36, while keeping a ‘Neutral' rating on the shares. The revised target, which indicates an upside potential of 11% from the current share price, comes as the firm updated its model for the latest commodity prices as part of its preview for Q4. Earlier on January 12, Piper Sandler also raised its price target on PBF Energy Inc. (NYSE:PBF) while maintaining the stock's ‘Overweight' rating. Piper expects the US refining sector to witness the greatest near-term impact of the US action in Venezuela, as the Gulf Coast refineries are well-equipped to refine the sour crude coming from the South American country. The analyst believes there is potential to increase the current Show less Read more
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