Delek Logistics Partners LP (NYSE: DKL) stock suffered a major decline of -12.3% on 3/8/24. The shares closed at $39.09. Moreover, trading volume in this decline was exceptionally high at 2127% of normal. The stock has been weak relative to the market over the last nine months and has declined -10.5% during the last week.
Current PriceTarget Research Rating
DKL’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.
Delek Logistics Partners is currently unrated.
Rating Review
The stock is currently unrated.
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