Piper Sandler lowered the firm’s price target on Par Pacific to $43 from $47 and keeps an Overweight rating on the shares. Investor interest in refining has been extremely high over the last week, and while sentiment remains clearly bearish, the firm sees the outlook as more balanced than many believe.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PARR:
- Par Pacific price target lowered to $42 from $45 at TD Cowen
- Par Pacific Management to Participate in Investor Conferences
- Par Pacific reports Q1 adjusted EPS 69c, consensus 90c
- PARR Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- nomnom Launches Summer Sweepstakes to Catch the Colorado Rockies Live in Action
Questions or Comments about the article? Write to editor@tipranks.com