Mizuho Upgrades Valero Energy to Outperform, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has upgraded Valero Energy (NYSE:VLO) from Neutral to Outperform and raised the price target from $165 to $175.
July 17, 2024 | 9:39 am
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Mizuho analyst Nitin Kumar has upgraded Valero Energy from Neutral to Outperform and raised the price target from $165 to $175.
The upgrade from Neutral to Outperform and the increase in the price target from $165 to $175 by Mizuho is likely to positively impact Valero Energy's stock price in the short term. Analyst upgrades generally lead to increased investor confidence and buying activity.
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