TD Cowen upgrades PBF Energy to Hold, raises target to $39
TD Cowen analyst Jason Gabelman upgraded PBF Energy from Sell to Hold, raising the price target to $39 from $36.

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TD Cowen analyst Jason Gabelman upgraded PBF Energy from Sell to Hold, raising the price target to $39 from $36. The adjustment reflects a revised outlook on the stock's performance potential.
Rating and Target Changes
The upgrade moves the stock out of sell territory, indicating a more neutral stance. The new price target of $39 represents an increase from the previous $36 target.
| Metric | Previous | New |
|---|---|---|
| Rating | Sell | Hold |
| Price Target | $36 | $39 |
What specific factors drove TD Cowen to revise PBF Energy's outlook from Sell to Hold?
How might PBF Energy's operational performance impact the likelihood of a future upgrade to Buy?
What broader market conditions could influence PBF Energy's ability to reach the new $39 price target?


























