PBF Energy Inc. (NYSE:PBF) saw its share price surge by 14.8% between January 7 and January 14, 2026, making it one of the Energy Stocks that Gained the Most This Week. Citi raised PBF’s price target to $36 with an 11% upside potential, while Piper Sandler expects increased crude flow from Venezuela to the US.

PBF Energy Inc. (NYSE:PBF) is a major independent petroleum refiner and supplier in the US, offering a range of products including transportation fuels, heating oil, and lubricants. Citi raised PBF’s price target to $36 from $29, indicating an 11% upside potential, along with a ‘Neutral’ rating on the stock.

Piper Sandler also raised its price target on PBF Energy Inc. (NYSE:PBF) and maintained an ‘Overweight’ rating, anticipating increased US refining sector impact due to US action in Venezuela. Analysts believe there is potential to double the current crude flow from Venezuela to the US to over 400,000 barrels per day.

PBF Energy Inc. (NYSE:PBF) was recently listed among the 10 High Yield Crude Oil Stocks to Buy After Trump’s Blitz in Venezuela. While PBF presents investment potential, certain AI stocks may offer greater upside with less downside risk. For undervalued AI stock options, see the free report on the best short-term AI stock.

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Read more at Yahoo Finance: PBF Energy (PBF) Price Target Raised to $36