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Enter Symbol:
Rating: HOC
Market Perform $45

Holly Corporation (NYSE: HFC) reiterated to Market Perform with price target $45 by Cowen

Wednesday,  Feb 25, 2015  11:25 AM ET by Betsy O'Brien Harrison

Cowen reiterated Holly Corporation (NYSE: HFC) to Market Perform with price target $45. Previously Cowen reiterated Holly
Corporation (NYSE: HFC) to Market Perform with price target $47 on 08/07/2013, when the stock price was $45.38. Since then, Holly Corporation's stock price has lost 7% as of 02/25/2015's recent price of $42.02.

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``).

Cowen



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