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Northern Tier Energy (NTI -0.6%) is initiated with a Buy recommendation and $25 price target at...

Northern Tier Energy (NTI -0.6%) is initiated with a Buy recommendation and $25 price target at Deutsche Bank, which says with lower feedstock costs from access to crudes from the Bakken and Canada, NTI is one of the most competitive refiners in its region and a prime example of a beneficiary of the firm's bullish "diamond age of refining" thesis.
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