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Delek US (NYSE:DK) Stock Price Expected to Rise, Morgan Stanley Analyst Says
Morgan Stanley raised its price target for Delek US (NYSE:DK) to $40 from $38, maintaining an “equal weight” rating, though this target implies a slight downside. Analyst sentiment for DK is mixed with an average “Hold” rating and a target of $44.15, notably including upgrades from Goldman Sachs and Wells Fargo. The company recently beat quarterly EPS estimates but reported insider selling and high leverage.