Raymond James Maintains Strong Buy on Valero Energy, Raises Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Justin Jenkins has reaffirmed a Strong Buy rating on Valero Energy (NYSE:VLO) and increased the price target from $154 to $155.
January 26, 2024 | 10:09 am
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POSITIVE IMPACT
Valero Energy's stock rating has been maintained as a Strong Buy by Raymond James, with a slight increase in the price target from $154 to $155.
The reaffirmation of a Strong Buy rating and an increased price target by a reputable analyst like Justin Jenkins from Raymond James is likely to instill confidence in investors and could lead to a positive short term impact on Valero Energy's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100