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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DINO:
