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Delek US Holdings (DK -11.7%) ended the week nearly 30% higher despite giving up a chunk of...
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Friday, August 10, 2012, 5:04 PM ETDelek US Holdings (DK -11.7%) ended the week nearly 30% higher despite giving up a chunk of those gains today. DK earlier reported higher Q2 profits, with volumes boosted by the addition of rail service to its El Dorado refinery in Arkansas; crude oil volume delivered by rail rose from 2K bbl/day in April to ~9K in July. Credit Suisse raises its target price to $29 from $24, as well as 2013 EPS estimates.
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