Barclays boosts its price target for Delek Logistics Partners (DKL -1%) to $33 from $26, citing...

|About: Delek Logistics Partners LP (DKL)|By:, SA News Editor

Barclays 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.