PARR Stock Draws Bullish Targets As Leadership Shifts
Par Pacific Holdings Inc. (NYSE: PARR) shares rose 10.24% on October 13, 2026, driven by bullish sentiment on refining margins. The company reported $7.46B in revenue, with strong profitability metrics. Raymond James raised its price target to $104, while TD Cowen lowered its target to $90 but maintained a Buy rating. Mizuho downgraded the stock to Neutral with a $91 target. PARR also announced a leadership change in refining and logistics.
How this was made

The 30-second read
Why it matters
The combination of a double‑digit price surge, new bullish price targets, and a veteran executive joining the firm creates a short‑term buying opportunity, but investors should monitor Q3 earnings for margin confirmation.
Market read
The article highlights a strong intraday rally and fresh bullish targets for PARR, indicating short‑term upside potential for traders.
What to watch
Potential downside from upcoming Q3 earnings if margin expectations are not met.
Background
Par Pacific Holdings (NYSE:PARR) is a mid‑cap U.S. refiner that has been trading higher on improving margins and analyst upgrades.
Ticker impact
Par Pacific Holdings shares jumped 10.24% on the day amid new bullish price targets and the appointment of Jerry Stumbo as EVP of Refining and Logistics.
likely upward pressure as traders price in higher targets and improved execution outlook
The article reports a same‑day 10% rally, new $104 target from Raymond James and a veteran executive joining the business, which are fresh catalysts that can drive additional buying.
Market effects
Refining sector may see broader optimism as margins improve and peers watch leadership moves.
U.S. energy stocks could benefit from the positive sentiment around Par Pacific.
Limited to North American energy markets.
Counterpoint
The leadership change could be a distraction; execution risk remains if integration falters.
Key entities
- companyPar Pacific Holdings Inc.
U.S. listed refiner (NYSE:PARR) experiencing a 10% price jump.
- executiveJerry Stumbo
Former Valero veteran appointed EVP of Refining and Logistics.


