UPDATE: Dahlman Rose Reiterates Buy Rating, Raises PT on PBF Energy on 4Q12 Earnings

In a report published Friday, Dahlman Rose reiterated its Buy rating on PBF Energy (NYSE: PBF ), and raised its price target to $48.00. Dahlman Rose noted, “Earnings highlight strong refining market ahead of improved crude slate. Although 4Q12 did not reflect the company's full refining platform, ahead of the