GEL, HMLP, CVRR: A Look at Top Price Target Revisions Last Week

Recommendations for GEL

On September 4, Baird cut its rating for Genesis Energy (GEL) to “neutral.” It has given the stock a price target of $26. Of the ten analysts covering Genesis Energy and surveyed by Reuters, two have rated the stock a “strong buy,” two have rated it a “buy,” and six have rated it a “hold.” The median price target for Genesis Energy is $26, which implies an upside potential of 9% from its current price of $23.89.

GEL, HMLP, CVRR: A Look at Top Price Target Revisions Last Week

Recommendations for HMLP

On September 6, Berenberg started coverage of Hoegh LNG Partners (HMLP) with a “hold” rating. It gave it a price target of $19. Of the ten analysts covering Hoegh and surveyed by Reuters, four have rated the stock a “strong buy,” three have rated it a “buy,” and three have rated it a “hold.” The median price target for HMLP is $20, which implies a potential upside of 8% from its current price of $20.

Recommendations for CVRR

On September 7, Goldman Sachs cut its rating for CVR Refining (CVRR) from “buy” to “neutral.” It also cut its price target from $30 to $23. Last month, Citigroup cut its price target for CVR Refining from $25 to $21. Of the seven analysts covering CVR Refining, one has rated it a “buy,” and the remaining six have rated it a “hold.” The median price target for CVR Refining is $23.

Following the exchange offer, CVR Energy (CVI) now owns 84.5% of CVR Refining’s outstanding common shares.