$DK

Wall Street analysts issued upgrades, downgrades, and initiations for several companies. Notable upgrades include Marvell (MRVL) to Buy with a $350 target and NetApp (NTAP) to Outperform with a $300 target. Downgrades include AppFolio (APPF) to Neutral with a $220 target. Initiations include Abbott Laboratories (ABT) with an Overweight rating and $120 target. Major indices closed at record highs, with the S&P 500 at 7,818 and Nasdaq at 27,599.

Freedom Broker initiated coverage on Delek US Holdings (NYSE:DK) with a Hold rating and $86.00 price target, implying 14.1% upside. The stock has risen 141% over the past year. Delek reported Q2 2026 earnings of $5.48 per share on $4.09B revenue, beating estimates. Analysts note potential margin easing and regulatory uncertainties.

Delek US Holdings, Inc. (DK) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 Delek US Holdings, Inc. Announces Proposed Offering of Convertible Senior Notes • Opportunistic capital raise with proceeds used to enhance financial flexibility will include the partial repayment of amounts outstanding under the Term Loan Credit Facility • A portion

Delek US Holdings (DK) priced a $400M zero-coupon convertible senior notes offering due 2031. Proceeds will pay down debt and support general corporate purposes. The stock is up 127.80% year-to-date but down 13.16% in the past week. Analysts view it as 9.5% undervalued at a fair value of $75, though its P/E ratio is higher than sector peers.

Delek US Energy Inc (DK) shares fell 6% after announcing a $400M convertible senior notes offering due 2031. The notes are senior unsecured obligations, convertible under certain conditions, and offered to qualified institutional buyers. The company's refining assets have a combined capacity of 302,000 barrels per day.

US stocks opened lower, with tech leading losses due to Oracle's (ORCL) force majeure notice on a New Mexico data center, affecting Oracle, Bloom Energy (BE), and Blue Owl (OWL). Treasury yields bull steepened, and crude prices rose amid US-Iran tensions. The SNB held rates at 0% and removed intervention language. Specific stock movements include MGM Resorts (MGM), TransUnion (TRU), Viking Therapeutics (VKTX), Knife River (KNF), Delek US Holdings (DK), and Dropbox (DBX).

Delek US Holdings (DK) shares dropped 7.7% premarket after announcing a $400M convertible note offering, with potential dilution concerns. The refining sector faced uncertainty over potential diesel export bans. Insider selling and broader market declines also pressured the stock to $66.70.

Delek US Holdings, Inc. (NYSE: DK) has been added to the S&P 600 Energy sector. The company's stock has seen a 5-day change of 78.12 USD, a 1st Jan change of -4.21%, and a year-to-date increase of 163.39%.

Russell Amber (EVP, Refining) sold 5,392 shares of Delek US Holdings, Inc. (DK) at $75.50 ($0.41M total) on 2026-09-11.

FINNERTY WILLIAM J sold 2,943 shares of Delek US Holdings, Inc. (DK) at an average of $77.17 ($76.67–$77.59, $0.23M total) across 2 trades on 2026-09-11.