What Analysts Are Saying About Valero Energy Stock
Portfolio Pulse from Benzinga Insights
Valero Energy (NYSE:VLO) has received mixed analyst ratings over the past three months, with a recent trend towards more neutral or slightly bullish outlooks. The average 12-month price target has decreased to $173.23 from $178.31. Analysts have adjusted their ratings and price targets based on evolving market conditions and company performance. Despite a recent revenue decline, Valero maintains strong profitability and financial health.
July 17, 2024 | 12:01 pm
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Valero Energy has received mixed analyst ratings over the past three months, with a recent trend towards more neutral or slightly bullish outlooks. The average 12-month price target has decreased to $173.23 from $178.31. Despite a recent revenue decline, Valero maintains strong profitability and financial health.
The mixed analyst ratings and slight decrease in the average price target suggest a neutral short-term impact on Valero's stock price. However, the company's strong profitability and financial health provide a solid foundation, mitigating potential negative effects from the revenue decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100