Delek US Holdings (DK) Price Target Reduced by $6

The share price of Delek US Holdings, Inc. (NYSE:DK) fell by 9.6% between January 9 and January 16, 2026, putting it among the Energy Stocks that Lost 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.

On January 16, Scotiabank reduced its price target on Delek US Holdings, Inc. (NYSE:DK) from $40 to $34, but kept its ‘Sector Perform’ rating on the shares. The revision comes as the firm updates its price targets for the US Integrated Oil, Refining, and Large Cap Exploration & Production stocks under its coverage. The analyst expects earnings for the quarter to be straightforward, as there were no major weather disruptions this winter.

Similarly, earlier on January 8, Piper Sandler also lowered its price target on Delek US Holdings, Inc. (NYSE:DK) from $47 to $40, but maintained a ‘Neutral’ rating on the shares. The analyst believes that the bearish crude outlook will make it hard for the sector to outperform the wider market as we head into 2026. On the other hand, Piper expects the refining sector to perform even better than in 2025, primarily due to incrementally tighter S/D and crude-differential tailwinds.

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: 10 High Yield Crude Oil Stocks to Buy After Trump’s Blitz in Venezuela and 11 Best Performing Energy Stocks in 2025.

Disclosure: None.