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ubs lowers pbf energy price target to twenty six maintains neutral rating
UBS has lowered its price target for PBF Energy Inc. to $26 from $29 while maintaining a Neutral rating. PBF Energy operates as an independent petroleum refiner and supplier in the U.S., with a focus on unbranded transportation fuels and other petroleum products across various regions, including Canada and Mexico. The company functions through two segments: Refining, which includes six refineries, and Logistics, encompassing PBF Logistics LP, which manages logistics assets like terminals and pipelines.
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