Miller Tabak Upgrades Par Pacific Holdings to Buy

Brokerage firm Miller Tabak Upgrades its rating on Par Pacific Holdings(NYSEMKT:PARR). The shares have been rated Buy. Previously, the analysts had a Hold rating on the shares. The rating by Miller Tabak was issued on Aug 3, 2016.

In a different note, Sterne Agee CRT said it Initiates Coverage on Par Pacific Holdings, according to a research note issued on May 20, 2016. The shares have been rated ‘Buy’ by the firm.

Par Pacific Holdings (PARR) made into the market gainers list on Fridays trading session with the shares advancing 0.15% or 0.02 points. Due to strong positive momentum, the stock ended at $13.31, which is also near the day’s high of $13.35. The stock began the session at $13.24 and the volume stood at 1,44,899 shares. The 52-week high of the shares is $28.31 and the 52 week low is $13.18. The company has a current market capitalization of $548 M and it has 4,11,78,623 shares in outstanding.

Par Pacific Holdings(PARR) last announced its earnings results on May 4, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $377.81M. Analysts had an estimated revenue of $413.35M. Earnings per share were $-0.16. Analysts had estimated an EPS of $0.18.

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