TD Cowen raises price targets on CSX, Marathon Petroleum and Delek US
TD Cowen kept Buy ratings on three companies and raised price targets: CSX to $55, Marathon Petroleum to $478, Delek US to $90 per share.
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what happened
TD Cowen analysts kept Buy ratings on three U.S. companies at once, according to Dow Jones Newswires, which cited Benzinga. The CSX target rose to $55 a share from $54, Marathon Petroleum's to $478 from $450, and Delek US's to $90 from $85.
All three changes concern price targets, not the ratings themselves. The updates were published on October 22, 2026: CSX at 14:00 GMT, Delek US at 14:06 and Marathon Petroleum at 14:08.
why it matters
Two of the three companies operate in refining, where earnings depend on refining margins and fuel demand, while CSX is a rail operator. Target revisions reflect analysts' views on individual stocks and usually have limited effect on the broader market.
tags
instruments
sources
- CSX Corp Is Maintained at Buy by TD Cowen — Dow Jones Newswires, 22 October 2026 at 14:00 UTC
- Marathon Petroleum Is Maintained at Buy by TD Cowen — Dow Jones Newswires, 22 October 2026 at 14:08 UTC
- Delek US Is Maintained at Buy by TD Cowen — Dow Jones Newswires, 22 October 2026 at 14:06 UTC
- Phillips 66 Is Maintained at Buy by TD Cowen — Dow Jones Newswires, 22 October 2026 at 14:32 UTC
- Kinder Morgan Is Maintained at Buy by TD Cowen — Dow Jones Newswires, 22 October 2026 at 14:36 UTC
- Thermo Fisher Is Maintained at Buy by TD Cowen — Dow Jones Newswires, 22 October 2026 at 14:49 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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