Credit Suisse downgrades Northern Tier Energy (NTI -2.2%) and Alon USA Partners (ALDW +0.9%) to...

|About: Northern Tier Energy (NTI)|By:, SA News Editor

Credit Suisse downgrades Northern Tier Energy (NTI -2.2%) and Alon USA Partners (ALDW +0.9%) to Neutral as part of a review of refiners after Valero's (VLO) conference call, where management continued to position RINs as a major 2014 hurdle and seemed less optimistic about Gulf Coast crude discounts until 2015. The firm also expresses EPS caution for variable rate refiner MLPs and VLO, ALJ and PBF.