Raymond James analyst Justin Jenkins upgraded HF Sinclair (DINO) to Strong Buy from Market Perform with a $54 price target HF Sinclair should report solid Q2 earnings performance, with potential momentum for the second half of 2025 and 2026 coming from improved refinery reliability, solid business trends in midstream, lubes, and marketing, the analyst tells investors in a research note. The firm says HF Sinclair represents a compelling risk/reward and the stock is now the firm’s top SMID-cap refining pick.
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