Delek Logistics Partners shows strong Q1 growth and stable cash flow, signaling buy potential with target price up to $80.71

Delek Logistics Partners, LP reported a 19% year-over-year revenue increase in Q1 2026 to $297.5 million, driven by strong midstream operations and higher third-party business. Despite facing cost pressures, the company maintains solid liquidity, effective debt management, and stable cash flows that support ongoing distributions. The stock has rebounded from a recent dip, and valuation models suggest further upside, with a target price range between $66.22 and $80.71. This resilience and robust fundamentals underpin a reiterated buy rating for investors looking for stable logistics sector exposure.