Delek US Holdings (DK) Gains Following Price Target Update

The share price of Delek US Holdings, Inc. (NYSE:DK) surged by 10.13% between October 17 and October 24, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Delek US Holdings, Inc. (NYSE:DK) is a diversified downstream energy company specializing in petroleum refining, asphalt, renewable fuels, and logistics.

Delek US Holdings, Inc. (NYSE:DK) received a boost on October 22 after Goldman Sachs analyst Neil Mehta raised the stock’s price target from $29 to $39 and maintained a ‘Neutral’ rating on its shares. The analyst is optimistic regarding the company’s commitment toward enhancing economic separation between Delek and Delek Logistics. He also highlighted its strong balance sheet and management’s disciplined approach to reducing costs.

Following the recent uptick, the share price of Delek US Holdings, Inc. (NYSE:DK) has surged by an impressive 102% since the beginning of 2025.

While we acknowledge the potential of DK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 12 Best Utility Stocks to Buy for Dividends and 12 Best LNG Stocks to Buy According to Hedge Funds.

Disclosure: None.