Delek US (NYSE:DK) Price Target Raised to $54.00 at Raymond James Financial

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Raymond James Financial has increased its price target for Delek US (NYSE:DK) to $54.00, maintaining an “outperform” rating and implying a nearly 20% upside. This comes despite a mixed analyst consensus of “Hold” for the oil and gas company, though Delek US exceeded Q4 EPS expectations. Insiders have recently sold approximately 172,095 shares, valued at around $7.26 million, while institutional investors have significantly increased their holdings.

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