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Western Refining, Inc. (WNR) [hlAlert]

Rating:
Neutral WNR
up 18.75 %

Western Refining, Inc. (WNR) downgraded to Neutral by Credit Suisse

Posted on: Tuesday,  Jan 28, 2014  8:25 AM ET by Credit Suisse

Credit Suisse rated Neutral Western Refining, Inc. (NYSE: WNR) on 01/28/2014. Previously Credit Suisse rated Outperform Western Refining, Inc. (NYSE: WNR) on
05/03/2013., when the stock price was $32.15. Since then, Western Refining, Inc. has gained 18.76% as of 01/28/2014's recent price of $38.18.
If you would have followed the previous Credit Suisse's recommendation on WNR, you would have gained 18.75% of your investment in 270 days.

Western Refining, Inc. is an independent crude oil refiner and marketer of refined products headquartered in El Paso, Texas, and operates primarily in the Southwestern region of the United States, including Arizona, New Mexico, and West Texas. They have invested a significant amount of capital in refinery initiatives that will allow us to improve our crude oil processing flexibility, expand refinery capacity, increase production of higher-value refined products and satisfy certain regulatory requirements.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/28/2014 8:25 AM Hold
None
38.18
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD down  -9.97 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/3/2013 8:25 AM Buy
None
32.15
9/18/2012 8:25 AM Hold
None
25.72
4/15/2010 8:25 AM Hold
None
5.57 7.10
1/28/2008 8:25 AM Hold
None
20.67 22.00
7/19/2007 9:25 AM Sell
None
59.71 48.00

(*) Stock Price at the time of the recommendation.
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