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

Tuesday, Mar 24, 2026 7:49 pm ET1min read
DK--

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.

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

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