Argus Research Downgrades Valero Energy to Hold
Portfolio Pulse from Benzinga Newsdesk
Argus Research has downgraded Valero Energy (NYSE:VLO) from Buy to Hold, as per analyst Bill Selesky.
May 16, 2024 | 2:06 pm
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NEGATIVE IMPACT
Argus Research has downgraded Valero Energy from Buy to Hold, indicating a less optimistic outlook on the stock.
The downgrade from Buy to Hold by Argus Research suggests that the analyst sees limited upside potential for Valero Energy in the near term. This could lead to a negative sentiment among investors, potentially causing a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100