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HF Sinclair price target raised to $43 from $32 at Barclays

Barclays analyst Theresa Chen raised the firm’s price target on HF Sinclair (DINO) to $43 from $32 and keeps an Equal Weight rating on the shares. The firm expects the company Q2 earnings per share of $1.05, above the 98c consensus estimate. While the outlook for refining “looks sound “in the near term, continued regulatory uncertainty in HF’s renewables segment will likely be a drag on earnings, the analyst tells investors in a research note.

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