** Raymond James raises prices targets for U.S. refiners and expects them to broadly post strong results for the second-quarter

** With crude supplies rising and distillate markets remaining tight, U.S. refiners continue to gain from reliable crude access, healthy domestic demand and strong refined-product exports, the brokerage said.

** It says refining remains the energy sector's top-performing segment, supported by global supply disruptions, inventory rebuilding and supply chains that favor North American operators

** "While the short-term backdrop is tricky in our view, we still like the long-term outlook, particularly given the long-lasting disruptions from conflict in the Middle East and Russia/Ukraine" - Raymond James

** It says the third quarter has started strongly, with higher product cracks, wider differentials and easing capture-rate headwinds

Brokerage raises PTs for the following companies: