Par Pacific Downgraded to 'Buy' by Wall Street Zen

Analysts cite concerns over the company's refining and marketing operations.

Mar. 3, 2026 at 12:55am

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Wall Street Zen has downgraded shares of Par Pacific (NYSE:PARR) from a 'strong-buy' rating to a 'buy' rating in a research note released on Saturday. Several other equity research analysts have also recently weighed in on the company, with some expressing concerns over Par Pacific's refining and marketing operations.

Why it matters

Par Pacific is a diversified downstream energy company with refining, marketing, and logistics operations in Hawaii and the Rocky Mountain region. The downgrade from Wall Street Zen and other analysts' mixed views on the company's performance could impact investor sentiment and the stock price.

The details

In its research note, Wall Street Zen cited concerns over Par Pacific's refining and marketing operations. Other analysts have also recently weighed in on the company, with Zacks Research downgrading Par Pacific from a 'strong-buy' rating to a 'hold' rating, and Raymond James Financial reiterating an 'outperform' rating but lowering the price target. TD Cowen increased its price target on the stock, while UBS Group lifted its price target but maintained a 'neutral' rating.

  • The research note from Wall Street Zen was released on Saturday, March 3, 2026.
  • Zacks Research downgraded Par Pacific on Tuesday, December 16th.
  • Raymond James Financial reiterated an 'outperform' rating on Wednesday, February 25th.
  • TD Cowen updated its price target on Friday.
  • UBS Group updated its price target in a research note on Wednesday, November 5th.

The players

Wall Street Zen

An equity research firm that has downgraded Par Pacific (NYSE:PARR) from a 'strong-buy' rating to a 'buy' rating.

Zacks Research

An equity research firm that has downgraded Par Pacific (NYSE:PARR) from a 'strong-buy' rating to a 'hold' rating.

Raymond James Financial

An equity research firm that has reiterated an 'outperform' rating on Par Pacific (NYSE:PARR) but lowered its price target.

TD Cowen

An equity research firm that has increased its price target on Par Pacific (NYSE:PARR).

UBS Group

An equity research firm that has lifted its price target on Par Pacific (NYSE:PARR) but maintained a 'neutral' rating.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

The takeaway

The mixed views from Wall Street analysts on Par Pacific's performance highlight the challenges the company faces in its refining and marketing operations, which could impact investor sentiment and the stock price going forward.