Citigroup Maintains Buy on Valero Energy, Raises Price Target to $192
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Vikram Bagri maintains a Buy rating on Valero Energy (VLO) and raises the price target from $160 to $192.
April 18, 2024 | 2:59 pm
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Citigroup analyst Vikram Bagri reaffirms a Buy rating on Valero Energy and increases the price target to $192.
The upgrade in price target by a significant margin from $160 to $192 by Citigroup indicates a strong bullish outlook on Valero Energy by the analyst. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100