Credit Suisse Lowers Alon USA Partners LP Price Target to $20.00 (ALDW)
Investment analysts at Credit Suisse lowered their price target on shares of Alon USA Partners LP (NASDAQ:ALDW) from $21.00 to $20.00 in a note issued to investors on Tuesday, Analyst Ratings Network.com reports. Credit Suisse’s target price suggests a potential upside of 62.73% from the stock’s previous close.
Shares of Alon USA Partners LP (NASDAQ:ALDW) traded down 7.52% on Tuesday, hitting $12.29. The stock had a trading volume of 779,826 shares. Alon USA Partners LP has a 1-year low of $13.20 and a 1-year high of $29.12. The stock’s 50-day moving average is $16.35 and its 200-day moving average is $21.95. The company has a market cap of $768.1 million and a price-to-earnings ratio of 30.00.
Alon USA Partners, LP (NASDAQ:ALDW) owns and operates refining and petroleum products marketing business.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.