Delek US shares soar as oil prices rise and analyst raises price target.

Delek US shares rose 8.6% due to a combination of rising oil prices and a BofA analyst raising the company's price target from $28 to $40. The stock is up 55% in 2026, driven by a sharp increase in the refining crack spread, but the analyst maintains an underweight rating and the revised target is below the current stock price.