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Delek Logistics Partners (NYSE:DKL) Stock Price Crosses Above 200-Day Moving Average - What's Next?
Delek Logistics Partners (NYSE:DKL) stock recently crossed above its 200-day moving average, trading at $54.2680. The company has seen mixed analyst ratings, with an average “Hold” and a consensus price target of $45.00, and recently increased its quarterly dividend to $1.125 per share, yielding 8.3%. Institutional investors have also adjusted their holdings, with several firms increasing their stakes in the oil and gas producer.