Wells Fargo Sticks to Their Sell Rating for Delek US Holdings (DK)
In a report released yesterday, Roger Read from Wells Fargo maintained a Sell rating on Delek US Holdings (DK – Research Report), with a price target of $11.00. The company's shares closed yesterday at $17.46.
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According to TipRanks, Read is a 3-star analyst with an average return of 1.3% and a 48.89% success rate. Read covers the Energy sector, focusing on stocks such as Devon Energy, HF Sinclair Corporation, and Occidental Petroleum.
In addition to Wells Fargo, Delek US Holdings also received a Sell from TD Cowen's Jason Gabelman in a report issued on May 8. However, on May 13, Mizuho Securities upgraded Delek US Holdings (NYSE: DK) to a Buy.
DK market cap is currently $991.7M and has a P/E ratio of -1.37.
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DK in relation to earlier this year. Most recently, in March 2025, Ezra Uzi Yemin, the Chairman of DK bought 4,875.00 shares for a total of $75,026.25.
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