UBS Maintains Buy on Valero Energy, Raises Price Target to $197
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Manav Gupta maintains a Buy rating on Valero Energy (VLO) and increases the price target from $167 to $197.
March 26, 2024 | 10:14 am
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POSITIVE IMPACT
UBS maintains a Buy rating on Valero Energy and raises the price target from $167 to $197.
The upgrade in price target by a reputable analyst like Manav Gupta from UBS suggests a strong confidence in Valero Energy's future performance. This is likely to instill positive sentiment among investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100