Barclays Maintains Overweight on Valero Energy, Lowers Price Target to $171
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Theresa Chen maintains an Overweight rating on Valero Energy (NYSE:VLO) but lowers the price target from $173 to $171.
July 01, 2024 | 2:31 pm
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Barclays analyst Theresa Chen maintains an Overweight rating on Valero Energy but lowers the price target from $173 to $171.
The Overweight rating suggests a positive outlook, but the slight reduction in the price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
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IMPORTANCE 70
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