Alon USA Partners LP Price Target Cut to $21.00 by Analysts at Credit Suisse (ALDW)
Analysts at Credit Suisse cut their price target on shares of Alon USA Partners LP (NASDAQ:ALDW) from $25.00 to $21.00 in a research report issued to clients and investors on Tuesday, StockRatingsNetwork.com reports. The firm currently has a “neutral” rating on the stock. Credit Suisse’s price objective indicates a potential upside of 34.01% from the stock’s previous close.
Shares of Alon USA Partners LP (NASDAQ:ALDW) traded down 0.82% during mid-day trading on Tuesday, hitting $15.67. 136,517 shares of the company’s stock traded hands. Alon USA Partners LP has a 52 week low of $14.31 and a 52 week high of $29.12. The stock has a 50-day moving average of $18.3 and a 200-day moving average of $22.90. The company has a market cap of $979.4 million and a P/E ratio of 35.67.
Alon USA Partners, LP (NASDAQ:ALDW) owns and operates refining and petroleum products marketing business.
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