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Enter Symbol:
 
Holly Corporation (HFC) [hlAlert]

Rating:
Outperform
HFC
down 7.20 %

Holly Corporation (HFC) upgraded to Outperform with price target $58 by Oppenheimer

Posted on: Thursday,  Aug 6, 2015  9:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Holly Corporation (NYSE: HFC) on 08/06/2015. Previously Oppenheimer rated Perform
Holly Corporation (NYSE: HFC) on 10/04/2013., when the stock price was $41.19. Since then, Holly Corporation has gained 20.90% as of 08/06/2015's recent price of $49.80.

Holly Corporation is an independent refiner of petroleum and petroleum derivatives and produces high value light products such as gasoline, diesel fuel and jet fuel for sale primarily in the southwestern United States and northern Mexico. Navajo Refining Company (``Navajo``), one of the wholly-owned subsidiaries, owns a high-conversion petroleum refinery in Artesia, New Mexico, which it operates in conjunction with crude, vacuum distillation and other facilities situated 65 miles away in Lovington, New Mexico (collectively, the ``Navajo Refinery``).

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/6/2015 9:25 AM Buy
None
49.80 58.00
as of 8/27/2015
1 Week down  -9.30 %
1 Month down  -6.10 %
3 Months down  -6.10 %
1 YTD down  -6.10 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/4/2013 8:25 AM None
None
41.19
12/18/2012 8:25 AM Buy
None
46.35 55.00
8/20/2012 8:25 AM Buy
None
40.15 46.00
7/12/2011 8:25 AM Buy
None
35.79 45.00

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