HollyFrontier Corp.

NYSE: HFC
$24.62
-$1.34 (-5.2%)
Closing price August 6, 2020
Wednesday's top analyst upgrades and downgrades included Altria, Apple, Caterpillar, Citigroup, JPMorgan, Nikola, Nokia, Novavax, Transocean, Valero Energy, Walt Disney and Wells Fargo.
Friday's top analyst upgrades and downgrades included Adobe, Analog Devices, Caterpillar, ConocoPhillips, General Motors, Southwest Airlines, Take-Two Interactive Software and Tesla.
The analysts at Jefferies that cover the refining and midstream stocks took a bold step this week and upgraded some of the top companies in their coverage universe.
Friday's analyst upgrades and downgrades included Albermarle, American Electric Power, Autodesk, Chewy, Domino's Pizza, HollyFrontier, Livent, NextEra Energy, RealReal, Square and T-Mobile.
Oil refiner HollyFrontier announced plans to build a $350 million biodiesel plant, increase its dividend by 6% and boost its share buyback program.
These three top refining stocks are way down from 52-week highs, pay solid dependable dividends and offer investors a way to play the energy sell-off with a much lower risk profile.
The top analyst upgrades, downgrades and initiations seen on Tuesday included BP, Cognizant Technology Solutions, Cisco Systems, Dow, Ensco, Hess, Micron Technology, Netflix and Sunoco.
Exxon Mobil said this morning that profits in its downstream segment would take a couple of big hits from higher crude oil prices and losses in its derivatives trading.
The top analyst upgrades, downgrades and other research calls from Thursday include Cedar Fair, Enterprise Products Partners, Foot Locker, Fitbit, Nike, Square, Tesla and Under Armour.
These four top refiner stocks are rated Buy, one with a huge discount to the sum-of-the-parts value. All make good sense for investors looking to take advantage of the energy sector troubles.
The top analyst upgrades, downgrades and other research calls from Wednesday include Cree, Home Depot, Kimberly-Clark, Microsoft, Oracle, Valeant Pharmaceuticals and Valero Energy.
The top analyst upgrades, downgrades and other research calls from Tuesday include Amazon.com, Boeing, Chesapeake Energy, Eli Lilly, Gilead Sciences, Micron Thecnology, NVIDIA, Procter & Gamble...
The price of oil was solid this past week, and there were several upgrades or big upside price targets in oil and gas and in other energy-related stocks.
The top analyst upgrades, downgrades and other research calls from Thursday include Devon Energy, Facebook, HollyFrontier, Kimberly-Clark, Square, U.S. Steel and Yelp.
Four top refining stocks are rated Outperform at RBC, with one being the firm's top pick. All make great additions to long-term growth portfolios.