Mizuho analyst Gabriel Moreen has raised the price target for Delek Logistics Partners (DKL) from $44.00 to $45.00, reflecting a 2.27% increase. Despite this adjustment, Mizuho maintains a "Neutral" rating on DKL, indicating no significant change in their outlook. DKL operates logistics and marketing assets for crude oil and refined products, generating maximum revenue from wholesale marketing and terminalling. The average target price for DKL is $43.50, with a high estimate of $47.00 and a low estimate of $36.00.
Mizuho analyst Gabriel Moreen has revised the price target for Delek Logistics Partners (DKL) from $44.00 to $45.00, reflecting a 2.27% increase. Despite this adjustment, Mizuho maintains a "Neutral" rating on DKL, indicating no significant change in their outlook. DKL operates logistics and marketing assets for crude oil and refined products, generating maximum revenue from wholesale marketing and terminalling. The average target price for DKL is $43.50, with a high estimate of $47.00 and a low estimate of $36.00 [3].
The latest earnings report for DKL showed a decrease in revenue from $1.02 billion in 2024 to $940.64 million in 2025, a 7.82% decline. However, earnings increased by 12.42% to $141.92 million. Analysts remain bullish on DKL, with an average rating of "Buy" and a 12-month stock price target of $44.25 [3].
DKL's insider trading activity indicates a bearish sentiment, with three sales and no purchases in the past six months. The largest sale was by Charles J. III Brown, who sold 1,134 shares for an estimated $48,654. Meanwhile, hedge funds have shown mixed activity, with 44 institutions adding shares and 46 decreasing their positions in the most recent quarter [1].
Delek Logistics Partners, LP (DKL) operates in the oil and gas refining and marketing sector, providing gathering, pipeline, transportation, and other services for crude oil, intermediates, refined products, natural gas, storage, wholesale marketing, terminalling, water disposal, and recycling customers in the United States. The company operates in four segments: gathering and processing, wholesale marketing and terminalling, storage and transportation, and investments in pipeline joint ventures [3].
References:
[1] https://www.quiverquant.com/news/New+Analyst+Forecast%3A+%24DKL+Given+%2445.0+Price+Target
[2] https://finance.yahoo.com/news/delek-us-holdings-inc-dk-135553933.html
[3] https://stockanalysis.com/stocks/dkl/
Comments
No comments yet