By: Benzinga
March 01, 2013 at 12:48 PM EST
UPDATE: Dahlman Rose Reiterates Buy Rating, Raises PT on Western Refining on Robust Balance Sheet
In a report published Friday, Dahlman Rose reiterated its Buy rating on Western Refining (NYSE: WNR ), and raised its price target from $32.00 to $42.00. Dahlman Rose noted, “WNR reported adjusted EBITDA of $298MM, ahead of our $278MM estimate. During the quarter, Midland crude differentials expanded to a peak
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