UPDATE: Imperial Capital Downgrades HollyFrontier on Multiple Positive Factors
October 07, 2013 at 09:25 AM EDT
In a report published Monday, Imperial Capital analyst Ann Kohler downgraded the rating on HollyFrontier Corp. (NYSE: HFC ) from Outperform to In-Line, and lowered the price target from $49.00 to $41.00. In the report, Imperial Capital noted, “We are downgrading our rating on HFC to In-Line from Outperform and