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Barclays boosts its price target for Delek Logistics Partners (DKL -1%) to $33 from $26, citing...
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Thursday, March 7, 3:58 PM ETBarclays boosts its price target for Delek Logistics Partners (DKL -1%) to $33 from $26, citing improved growth visibility from news of potential dropdown value. Despite a relatively undersized inventory of existing assets retained and under construction at parent Delek (DK), a modestly sized dropdown or organic expansion could drive solid accretion given DKL's small distributable cash flow base.
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