Raymond James Maintains Strong Buy on Valero Energy, Raises Price Target to $164
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Justin Jenkins maintains a Strong Buy rating on Valero Energy (NYSE:VLO) and raises the price target from $150 to $164.
September 20, 2023 | 11:31 am
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POSITIVE IMPACT
Valero Energy's price target has been raised from $150 to $164 by Raymond James, maintaining a Strong Buy rating.
The news of a price target increase and maintained Strong Buy rating by Raymond James is likely to have a positive impact on Valero Energy's stock in the short term. Investors often react positively to such news, which could drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100