Par Pacific Holdings (PARR) is Initiated by Seaport Global Securities to Buy, Price Target at $22

Par Pacific Holdings (PARR) was Initiated by Seaport Global Securities to “Buy” and the brokerage firm has set the Price Target at $22. Seaport Global Securities advised their investors in a research report released on Sep 8, 2016.

Many Wall Street Analysts have commented on Par Pacific Holdings. Company shares were Upgraded by Miller Tabak on Aug 3, 2016 to ” Strong Buy”, Firm has raised the Price Target to $ 25.30 from a previous price target of $24 .Company shares were Upgraded by Cowen on Jun 14, 2016 to ” Outperform”, Firm has raised the Price Target to $ 20 from a previous price target of $18 .Company shares were Reiterated by Cowen on Jun 13, 2016 to “Market Perform”, Firm has raised the Price Target to $ 18 from a previous price target of $15 .

Par Pacific Holdings opened for trading at $12.51 and hit $12.86 on the upside on Wednesday, eventually ending the session at $12.83, with a gain of 2.89% or 0.36 points. The heightened volatility saw the trading volume jump to 612,581 shares. Company has a market cap of $528 M.

Par Pacific Holdings

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