Piper Sandler Maintains Overweight on Valero Energy, Raises Price Target to $161
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Ryan Todd maintains an Overweight rating on Valero Energy (VLO) and raises the price target from $155 to $161.
March 08, 2024 | 2:34 pm
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Piper Sandler maintains an Overweight rating on Valero Energy and increases the price target from $155 to $161.
The upgrade in the price target by Piper Sandler suggests a positive outlook on Valero Energy's stock, likely due to anticipated strong performance or favorable market conditions. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100