Valero Energy Unusual Options Activity For July 06
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Valero Energy (NYSE:VLO), with a majority of investors taking a bullish stance. The trades range from $65.0 to $115.0 for Valero Energy over the last 3 months. The price of VLO is currently down -2.78% at $113.51. Raymond James and B of A Securities have maintained their Strong Buy and Buy ratings on Valero Energy, respectively, with price targets of $150 and $160.
July 06, 2023 | 4:46 pm
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POSITIVE IMPACT
Valero Energy has seen unusual options activity, with a majority of investors bullish. The stock price is currently down -2.78% at $113.51. Analysts from Raymond James and B of A Securities have maintained their positive ratings on the company.
The unusual options activity, majority of which is bullish, indicates investor confidence in the company's future performance. Despite the current dip in stock price, the positive ratings from analysts suggest a positive outlook for the company, potentially leading to a rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100