Mizuho cuts price targets on Delek US and Par Pacific to $80
Mizuho lowered its price targets on Delek US and Par Pacific Holdings to $80 and kept Neutral ratings. Reported by Dow Jones Newswires, citing Benzinga.
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what happened
Mizuho cut its price target on Delek US (DK) to $80 from $83 and kept a Neutral rating. The move was reported by Dow Jones Newswires, citing Benzinga.
Mizuho also lowered its target on Par Pacific Holdings (PARR) to $80 from $91, with its Neutral rating unchanged. Both actions were logged close together, at 17:36 and 17:38 GMT.
why it matters
Revisions like these reflect an analyst's updated view of refiners' valuations and usually do not change the rating itself. For investors, they signal a shift in expectations for the stocks, but the report contains no new earnings data or company forecasts.
tags
instruments
sources
- Delek US Price Target Cut to $80.00/Share From $83.00 by Mizuho — Dow Jones Newswires, 13 November 2026 at 17:38 UTC
- Par Pacific Holdings Price Target Cut to $80.00/Share From $91.00 by Mizuho — Dow Jones Newswires, 13 November 2026 at 17:36 UTC
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