Piper Sandler Upgrades HF Sinclair (DINO) to $68 as 2026 West Coast Provide Tightens
HF Sinclair Company (NYSE:DINO) is without doubt one of the low cost shares to purchase for the following 3 years. On January 8, Piper Sandler upgraded HF Sinclair to Chubby from Impartial with a worth goal of $68, which was introduced up from $64. Amid a good refining setting, Piper Sandler recognized HF Sinclair as the highest choose amongst small-to-mid-cap refiners and famous that the corporate more and more resembles a mini-large cap inventory. The agency highlights HF Sinclair’s important West Coast publicity as a key benefit, anticipating a tighter regional market to spice up margins and seize charges.
Earlier, on December 12, Mizuho additionally elevated the worth goal for HF Sinclair Company (NYSE:DINO) to $63 from $62, whereas sustaining an Outperform ranking on the shares. This adjustment was made as a part of the agency’s broader 2026 outlook for the exploration and manufacturing/E&P sector. Regardless of present detrimental sentiment pushed by excessive pure gasoline storage and an oversupplied oil market, Mizuho argued that US oil and gasoline corporations maintain underappreciated worth that would start to be realized all through 2026.
In its strategic suggestions, Mizuho instructed that traders reallocate threat towards oil-focused E&Ps whereas remaining selective with pure gasoline shares. Notably, the agency adopted a extra impartial stance on the refining sector, even because it stays bullish on HF Sinclair’s particular prospects.
HF Sinclair Company (NYSE:DINO) operates as an impartial vitality firm within the US. It operates by 5 segments: Refining, Renewables, Advertising, Lubricants and Specialties, and Midstream.
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