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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100