B of A Securities Maintains Neutral on Valero Energy, Raises Price Target to $161
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Doug Leggate maintains a Neutral rating on Valero Energy (NYSE:VLO) and raises the price target from $152 to $161.
September 18, 2023 | 5:40 pm
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NEUTRAL IMPACT
Valero Energy's price target has been raised from $152 to $161 by B of A Securities, while maintaining a Neutral rating.
The news directly pertains to Valero Energy as B of A Securities has raised its price target for the company. However, the Neutral rating suggests that the analyst does not expect significant price movement in the short term. Therefore, the short term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100