Goldman Sachs Maintains Sell on Valero Energy, Lowers Price Target to $113
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Neil Mehta maintains a Sell rating on Valero Energy (NYSE:VLO) and lowers the price target from $130 to $113.
June 02, 2023 | 12:51 pm
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NEGATIVE IMPACT
Goldman Sachs maintains a Sell rating on Valero Energy and lowers the price target from $130 to $113.
Goldman Sachs' decision to maintain a Sell rating on Valero Energy and lower the price target from $130 to $113 indicates a negative outlook for the stock. This could lead to a short-term decrease in the stock price as investors may react to the lowered price target and Sell rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100