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Western Refining, Inc. (WNR) [hlAlert]

Rating:
Hold WNR
up 60.41 %

Western Refining, Inc. (WNR) upgraded to Hold by Deutsche Securities

Posted on: Tuesday,  Jan 8, 2008  8:25 AM ET by Deutsche Securities

Deutsche Securities rated Hold Western Refining, Inc. (NYSE: WNR) on 01/08/2008. Previously Deutsche Securities rated Sell Western Refining, Inc. (NYSE: WNR) on
11/08/2007., when the stock price was $32.95. Since then, Western Refining, Inc. has lost 37.66% as of 01/08/2008's recent price of $20.54.
If you would have followed the previous Deutsche Securities's recommendation on WNR, you would have gained 60.41% of your investment in 61 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.

Deutsche Bank's award-winning Research team manages a range of functions from asset allocation, through economic forecasting across a broad range of industry sectors including cement and construction, chemicals, electronics, energy, engineering, machinery, media, software, tobacco, retailing and utilities, and oil and gas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2008 8:25 AM Hold
None
20.54
as of 12/24/2008
1 Week down  -4.27 %
1 Month up  12.43 %
3 Months up  25.11 %
1 YTD down  -20.48 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/8/2007 1:25 PM Sell
None
32.95 33.00
7/17/2007 9:25 AM Sell
None
63.09 48.00

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