PBF ENERGY INC (PBF) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of PBF ENERGY INC (PBF) from NEUTRAL to OUTPERFORM on March 28, 2013, with a target price of $42.80.

PBF Energy Inc. operates as a petroleum refiner and supplier. The Company offers unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. Its refineries are located in Toledo, Ohio, Delaware City, Delaware and Paulsboro, New Jersey. The company sells its products in the northeast and Midwest United States, as well as in other regions of the United States and Canada. PBF Energy Inc. is based in Parsippany, New Jersey.

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