Goldman Sachs Maintains Sell on Valero Energy, Raises Price Target to $128
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Neil Mehta maintains a 'Sell' rating on Valero Energy (NYSE:VLO) and raises the price target from $113 to $128.
September 05, 2023 | 1:50 pm
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Goldman Sachs maintains a 'Sell' rating on Valero Energy and raises the price target to $128.
The 'Sell' rating maintained by Goldman Sachs indicates a negative outlook for Valero Energy. However, the increase in price target from $113 to $128 suggests that the analyst sees some upside potential, but overall, the sentiment remains negative. This could potentially lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100