Delek Logistics Partners LP shares rose 8.9% in short interest, exceeded EPS estimates, announced a dividend increase, and was upgraded by Citigroup to 'buy'.

Delek Logistics Partners, LP (NYSE: DKL) saw an 8.9% decline in short interest in September, totaling 443,400 shares. On September 15, shares rose to $43.78. The company reported an EPS of $0.87, exceeding estimates, and announced a dividend increase to $1.09 per share. Citigroup upgraded the stock from "neutral" to "buy," raising the price target to $45. Delek has a market cap of $2.07 billion and a payout ratio of 157.40%.

October 02, 2024
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