BMO Capital lowered the firm’s price target on HF Sinclair (DINO) to $60 from $65 and keeps an Outperform rating on the shares. The firm is citing the company’s mixed Q4 results, led by weaker refining capture and Lubes, though BMO also sees value in the portfolio high multiple Lubes, Marketing, Midstream businesses and a competitive refining position, the analyst tells investors in a research note.
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