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Enter Symbol:
Rating: HOC
Outperform $49

Holly Corporation (NYSE: HFC) reiterated to Outperform with price target $49 by RBC Capital Mkts

Thursday,  May 7, 2015  8:25 AM ET by Kristen Bailey

RBC Capital Mkts reiterated Holly Corporation (NYSE: HFC) to Outperform with price
target $49. RBC Capital Mkts rated Holly Corporation (NYSE: HFC) to Outperform with price target $37 on 02/29/2012, when the price was $32.70.

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``).

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.

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