B of A Securities Maintains Buy on Valero Energy, Raises Price Target to $160
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Doug Leggate maintains a Buy rating on Valero Energy (NYSE:VLO) and raises the price target from $157 to $160.
July 03, 2023 | 1:35 pm
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Valero Energy's price target has been raised from $157 to $160 by B of A Securities, maintaining a Buy rating.
The raised price target indicates the analyst's increased confidence in the company's performance. This could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100