Piper Sandler Maintains Overweight on Valero Energy, Lowers Price Target to $169
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Ryan Todd maintains an Overweight rating on Valero Energy (NYSE:VLO) but lowers the price target from $187 to $169.

June 14, 2024 | 1:16 pm
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Piper Sandler analyst Ryan Todd maintains an Overweight rating on Valero Energy but lowers the price target from $187 to $169.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100