UPDATE: Deutsche Bank Lowers PT on PBF Energy on Weak September Margins, Guidance
October 07, 2013 at 12:28 PM EDT
In a report published Monday, Deutsche Bank analyst Paul Sankey reiterated a Hold rating on PBF Energy (NYSE: PBF ), but lowered the price target from $34.00 to $25.00. In the report, Deutsche Bank noted, “In this note we execute a further round of EPS cuts given the weakness of