Goldman Sachs raised the firm’s price target on Par Pacific (PARR) to $40 from $34 and keeps a Neutral rating on the shares. Goldman continues to see value in the company’s diversified earnings profile and optionality, but is more mindful of relative valuation following the strong year-to-date performance, the analyst tells investors in a research note.
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Read More on PARR:
- Par Pacific Holdings Forms Joint Venture for Renewable Fuels
- Par Pacific price target raised to $45 from $38 at Raymond James
- Par Pacific Holdings Signs Framework Agreement with Wells Fargo
- Par Pacific price target raised to $37 from $23 at UBS
- Par Pacific price target raised to $40 from $34 at Mizuho
