Wells Fargo Maintains Equal-Weight on Valero Energy, Raises Price Target to $171
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Equal-Weight rating on Valero Energy (VLO) and increased the price target from $138 to $171.
March 20, 2024 | 2:50 pm
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Wells Fargo has maintained an Equal-Weight rating on Valero Energy and raised the price target from $138 to $171.
The increase in the price target by Wells Fargo suggests a positive outlook on Valero Energy's stock, potentially leading to increased investor confidence and a short-term rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100