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Holly Energy downgraded to Market Perform from Outperform at Raymond James

Holly Energy downgraded to Market Perform from Outperform at Raymond James

Raymond James downgraded Holly Energy Partners (HEP) to Market Perform from Outperform with a $21 price target following the merger agreement with HF Sinclair (DINO). The analyst sees no obstacles to completion and views the deal as a fair outcome for Holly Energy.

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