Truist Initiates Coverage of Delek Logistics with Hold Rating and $57 Price Target
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 23 2026
0mins
Should l Buy DKL?
Truist analyst Gabe Daoud initiated coverage of Delek Logistics with a Hold rating and $57 price target. The firm says the company "stands out" as a full-service midstream provider in the Permian. The analyst views the stock as fairly valued, saying the company prioritizing cash payouts has led to significant equity performance.
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Analyst Views on DKL
Wall Street analysts forecast DKL stock price to fall
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 49.580
Low
45.00
Averages
45.00
High
45.00
Current: 49.580
Low
45.00
Averages
45.00
High
45.00
About DKL
Delek Logistics Partners, LP is a midstream energy master limited partnership, which provides gathering, pipeline and other transportation services for crude oil and natural gas customers, storage, wholesale marketing and terminalling services. Its segments include gathering and processing; wholesale marketing and terminalling; storage and transportation, and investment in pipeline joint ventures. The gathering and processing segment consists of Midland Gathering Assets, Midland Water Gathering Assets and Delaware Gathering Assets. The marketing and terminalling segment provides wholesale marketing and terminalling services to Delek Holdings’ refining operations and to independent third parties. The storage and transportation segment consists of tanks, offloading facilities, trucks and ancillary assets, which provide crude oil, intermediate and refined products transportation and storage services. Its operations also include integrated full-cycle water systems in the Permian Basin.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Delek US Holdings Announces Quarterly Dividend of $0.255
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- Diversified Energy Company: Delek is a diversified downstream energy company with refining assets located in Texas, Arkansas, and Louisiana, boasting a combined crude throughput capacity of 302,000 barrels per day, which enhances its competitive position in the energy market.
- Logistics Business Expansion: Delek Logistics Partners, LP focuses on owning and operating midstream energy infrastructure assets, with Delek US Holdings and its subsidiaries owning approximately 63.3% of the partnership as of March 31, 2026, indicating a strategic focus on logistics.
- Forward-Looking Statement Risks: The company’s forward-looking statements are based on current expectations and involve various risks and uncertainties, cautioning investors that actual results may differ materially from those anticipated, necessitating careful consideration.
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- Conference Call Schedule: The company will hold a conference call at 11:30 a.m. CT (12:30 p.m. ET) on April 29, 2026, aimed at enhancing investor confidence through direct communication regarding its financial performance and future outlook.
- Online Broadcast and Replay: The conference call will be available for live streaming on the company's website, with a replay accessible for 90 days, ensuring that investors who cannot attend live can still access critical information, thereby improving information accessibility.
- Company Background Information: Delek Logistics is a midstream energy master limited partnership headquartered in Brentwood, Tennessee, primarily providing pipeline transportation and other services in the Permian Basin and other selected areas, highlighting its significant role in the energy sector.
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Market Position: The target price for Del Logistics Partners LP's stock is set at $57, reflecting market expectations.
Investment Insights: Investors are advised to consider the hold rating and target price when evaluating potential investments in the company.
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- Mailing Progress: The printing and mailing of these tax packages are currently underway, which is expected to provide investors with essential tax documentation, thereby helping them to complete their tax filings smoothly and reduce potential compliance risks.
- Customer Support: Customers with questions regarding the 2025 Tax Reporting Package can contact 1-833-263-0144 for assistance, available Monday through Friday from 8:00 a.m. to 5:00 p.m. CST, ensuring timely support for their inquiries.
- Company Background: Delek Logistics Partners, LP is a midstream energy master limited partnership headquartered in Brentwood, Tennessee, primarily operating in the Permian Basin and Gulf Coast regions, providing pipeline and transportation services, showcasing its strong position in the energy sector.
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Wall Street Analysts Adjust Ratings
- Analyst Rating Changes: Top Wall Street analysts have adjusted their ratings on several companies, including upgrades, downgrades, and initiations, reflecting varying market perspectives on these firms.
- Market Reaction Insight: While specific company names were not mentioned, changes in analyst ratings typically influence investor decisions, potentially leading to price volatility in the affected stocks.
- Investor Focus: As investors consider buying TTD stock, analysts' opinions will serve as a crucial reference, especially in the current market environment where such insights may impact short-term investment strategies.
- Rating Change Transparency: To view the complete picture of all analyst rating changes, investors can visit the analyst ratings page, ensuring they stay updated with the latest market information and analyses.
See More
Delek US Holdings Announces Quarterly Dividend of $0.255
- Quarterly Dividend Announcement: Delek US Holdings, Inc. has announced a quarterly dividend of $0.255 per share, payable on May 8, 2026, to shareholders of record on May 1, 2026, reflecting the company's commitment to returning value to its shareholders.
- Diversified Energy Company: Delek is a diversified downstream energy company with refining assets located in Texas, Arkansas, and Louisiana, boasting a combined crude throughput capacity of 302,000 barrels per day, which enhances its competitive position in the energy market.
- Logistics Business Expansion: Delek Logistics Partners, LP focuses on owning and operating midstream energy infrastructure assets, with Delek US Holdings and its subsidiaries owning approximately 63.3% of the partnership as of March 31, 2026, indicating a strategic focus on logistics.
- Forward-Looking Statement Risks: The company’s forward-looking statements are based on current expectations and involve various risks and uncertainties, cautioning investors that actual results may differ materially from those anticipated, necessitating careful consideration.
See More
Delek Logistics to Announce Q1 2026 Results
- Earnings Announcement Timing: Delek Logistics plans to release its Q1 2026 results before the U.S. stock market opens on April 29, 2026, indicating the company's commitment to timely financial disclosure and transparency for investors.
- Conference Call Schedule: The company will hold a conference call at 11:30 a.m. CT (12:30 p.m. ET) on April 29, 2026, aimed at enhancing investor confidence through direct communication regarding its financial performance and future outlook.
- Online Broadcast and Replay: The conference call will be available for live streaming on the company's website, with a replay accessible for 90 days, ensuring that investors who cannot attend live can still access critical information, thereby improving information accessibility.
- Company Background Information: Delek Logistics is a midstream energy master limited partnership headquartered in Brentwood, Tennessee, primarily providing pipeline transportation and other services in the Permian Basin and other selected areas, highlighting its significant role in the energy sector.
See More
Wall Street's Latest Rating Changes Analysis
- MSG Sports Upgrade: Seaport upgraded Madison Square Garden Sports from neutral to buy, citing a significant 57.5% trading discount versus intrinsic value, suggesting a potential appreciation ahead of the 2025-26 season, particularly with plans to spin off the Knicks and Rangers into standalone entities.
- ServiceNow Downgrade: UBS downgraded ServiceNow from buy to neutral due to weakened confidence in the software sector, projecting a decline in 2026 free cash flow to 15x, reflecting increased budget pressures on non-AI applications that could impact future performance.
- Shake Shack Sales Growth: Mizuho upgraded Shake Shack from neutral to outperform, anticipating upside in same-store sales for Q1, driven by strong demand and improved restaurant-level margins, indicating robust market momentum and growth potential.
- Nvidia Strong Performance: Raymond James reiterated a strong buy rating on Nvidia, based on favorable trends in its Asia supply chain, with suppliers receiving increased forecasts during the quarter, reinforcing Nvidia's position as a market leader.
See More
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Company Overview: Del Logistics Partners LP is a logistics company that focuses on providing secure transportation services.
Recent Developments: The company has initiated a coverage with a hold rating, indicating a cautious outlook on its stock performance.
Market Position: The target price for Del Logistics Partners LP's stock is set at $57, reflecting market expectations.
Investment Insights: Investors are advised to consider the hold rating and target price when evaluating potential investments in the company.
See More
Delek Logistics Partners Releases 2025 K-1 Tax Packages
- Tax Package Announcement: Delek Logistics Partners has announced that the 2025 K-1 tax packages are now available on their third-party provider's website, allowing customers to access necessary tax documents for compliance and timely filing through https://www.taxpackagesupport.com/DelekLogistics.
- Mailing Progress: The printing and mailing of these tax packages are currently underway, which is expected to provide investors with essential tax documentation, thereby helping them to complete their tax filings smoothly and reduce potential compliance risks.
- Customer Support: Customers with questions regarding the 2025 Tax Reporting Package can contact 1-833-263-0144 for assistance, available Monday through Friday from 8:00 a.m. to 5:00 p.m. CST, ensuring timely support for their inquiries.
- Company Background: Delek Logistics Partners, LP is a midstream energy master limited partnership headquartered in Brentwood, Tennessee, primarily operating in the Permian Basin and Gulf Coast regions, providing pipeline and transportation services, showcasing its strong position in the energy sector.
See More
Wall Street Analysts Adjust Ratings
- Analyst Rating Changes: Top Wall Street analysts have adjusted their ratings on several companies, including upgrades, downgrades, and initiations, reflecting varying market perspectives on these firms.
- Market Reaction Insight: While specific company names were not mentioned, changes in analyst ratings typically influence investor decisions, potentially leading to price volatility in the affected stocks.
- Investor Focus: As investors consider buying TTD stock, analysts' opinions will serve as a crucial reference, especially in the current market environment where such insights may impact short-term investment strategies.
- Rating Change Transparency: To view the complete picture of all analyst rating changes, investors can visit the analyst ratings page, ensuring they stay updated with the latest market information and analyses.
See More
