Delek US Price Target Raised to $44.00

Citigroup analysts boost price target on oil and gas company's stock

Apr. 13, 2026 at 6:42pm

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An extreme close-up of heavy, textured metal gears and machinery in shades of steel grey, bronze, and black, conveying the industrial might and financial security of the oil and gas industry.A close-up view of the intricate machinery powering Delek US's network of inland refineries and energy infrastructure.Brentwood Today

Citigroup analysts have raised their price target on shares of Delek US (NYSE:DK) from $33.00 to $44.00, while maintaining a 'neutral' rating on the stock. The new price target represents a potential upside of 6.59% from the stock's previous close.

Why it matters

This price target increase by a major Wall Street firm suggests analysts see potential upside in Delek US's stock, despite maintaining a neutral rating. The move could signal growing optimism about the company's financial performance and outlook within the oil and gas industry.

The details

In their research report, Citigroup analysts cited Delek US's recent financial results and industry trends as factors behind the price target hike. The company operates a network of inland refineries, storage terminals, pipelines, and convenience stores across the United States.

  • Citigroup issued the updated price target and rating on April 13, 2026.

The players

Delek US

An independent downstream energy company engaged in refining, logistics, and marketing of petroleum products. Headquartered in Brentwood, Tennessee, the company operates a network of inland refineries, storage terminals, pipelines, and convenience stores.

Citigroup

A major global investment bank and financial services corporation that provides research coverage and analysis on Delek US.

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What’s next

Investors will be watching to see if Delek US's stock price can reach the new $44.00 price target set by Citigroup analysts. The company's upcoming financial results and industry trends will be closely monitored to gauge the potential for further upside in the stock.

The takeaway

Delek US's price target increase by a major Wall Street firm suggests cautious optimism about the company's prospects, even as analysts maintain a neutral rating. This highlights the complex dynamics facing the oil and gas industry, where financial performance can be volatile but opportunities for growth may still exist for well-positioned players.