HF Sinclair price target raised to $54 from $45 at Barclays

Barclays raised the firm’s price target on HF Sinclair (DINO) to $54 from $45 and keeps an Equal Weight rating on the shares as part of a Q3 preview. The company’s refining economics remain robust and most segments remain relatively stable, but still low subsidy prices in renewables will remain a headwind for earnings, the analyst tells investors in a research note.