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HF Sinclair price target raised to $58 from $51 at UBS

UBS analyst Manav Gupta raised the firm’s price target on HF Sinclair (DINO) to $58 from $51 and keeps a Buy rating on the shares. The firm upped the company’s 2025 and 2026 estimates to reflect stronger Mid-Con cracks and capture and as higher Lubes margins. UBS increased HF Sinclair’s valuation multiple to the reflect re-rating in peer group as refiners continue to outperform broader energy.

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