Alon USA Partners LP Price Target Cut to $18.00 (ALDW)
Credit Suisse dropped their price target on shares of Alon USA Partners LP (NASDAQ:ALDW) from $20.00 to $18.00 in a research note issued on Wednesday, AnalystRatingsNetwork.com reports. The firm currently has a “neutral” rating on the stock. Credit Suisse’s price target would indicate a potential upside of 55.44% from the company’s current price.
Shares of Alon USA Partners LP (NASDAQ:ALDW) traded down 2.93% on Wednesday, hitting $11.58. The stock had a trading volume of 433,212 shares. Alon USA Partners LP has a 52 week low of $11.80 and a 52 week high of $29.12. The stock has a 50-day moving average of $14.36 and a 200-day moving average of $20.88. The company has a market cap of $723.8 million and a P/E ratio of 26.93.
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.