Mizuho Maintains Buy on Valero Energy, Lowers Price Target to $159
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has maintained a 'Buy' rating on Valero Energy (NYSE:VLO) but lowered the price target from $174 to $159.
October 06, 2023 | 4:21 pm
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NEUTRAL IMPACT
Valero Energy's price target has been lowered from $174 to $159 by Mizuho, though the 'Buy' rating is maintained.
The news directly pertains to Valero Energy as Mizuho has lowered its price target for the company. However, the 'Buy' rating is maintained which indicates that Mizuho still sees potential in the company. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100