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Delek US price target raised to $40 from $28 at BofA

BofA raised the firm’s price target on Delek US (DK) to $40 from $28 and keeps an Underperform rating on the shares. The firm marks its 2026 price deck and refiners models to $8 per barrel below NYMEX-Brent strip prices, raising estimates across its refiner coverage, the analyst tells investors.

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