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Alon USA Energy (NYSE:ALJ) was upgraded by Simmons from a “neutral” rating to an “overweight” rating in a research note issued on Thursday.

In other Alon USA Energy news, major shareholder Israel Oil Company Ltd. Alon unloaded 150,000 shares of the stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $12.92, for a total value of $1,938,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Separately, analysts at Zacks downgraded shares of Alon USA Energy from a “neutral” rating to an “underperform” rating in a research note on Friday, July 18th. They now have a $11.80 price target on the stock. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $15.60.

Alon USA Energy (NYSE:ALJ) traded up 0.66% during mid-day trading on Thursday, hitting $13.74. 192,543 shares of the company’s stock traded hands. Alon USA Energy has a one year low of $8.55 and a one year high of $17.58. The stock has a 50-day moving average of $13.04 and a 200-day moving average of $14.45. The company’s market cap is $939.3 million.

Alon USA Energy, Inc is an independent refiner and marketer of petroleum products operating primarily in the South Central, Southwestern and Western regions of the United States.

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