JP Morgan Maintains Overweight on Valero Energy, Lowers Price Target to $171
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst John Royall has maintained an Overweight rating on Valero Energy (NYSE:VLO) but lowered the price target from $172 to $171.
July 07, 2023 | 1:50 pm
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JP Morgan has maintained an Overweight rating on Valero Energy but lowered the price target from $172 to $171.
The news is directly about Valero Energy. While the Overweight rating is maintained, indicating a positive outlook, the slight decrease in price target could indicate a minor adjustment in expectations. This might not significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100