Barclays Maintains Overweight on Valero Energy, Raises Price Target to $179
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Theresa Chen maintains an Overweight rating on Valero Energy (VLO) and raises the price target from $149 to $179.
April 03, 2024 | 1:33 pm
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Barclays maintains an Overweight rating on Valero Energy and raises the price target from $149 to $179.
The upgrade in the price target by Barclays, a major financial institution, reflects a positive outlook on Valero Energy's future performance. This is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100