UPDATE: Bank of America Upgrades HollyFrontier as New Price Volatility Plays to Company's Advantage

In a report published Tuesday, Bank of America analyst Doug Leggate upgraded the rating on HollyFrontier Corp. (NYSE: HFC ) from Neutral to Buy, and raised the price target from $51.00 to $60.00. In the report, Bank of America noted, “HollyFrontier has lagged an early seasonal rebound in the US