Goldman Sachs Maintains Sell on Valero Energy, Lowers Price Target to $131
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Neil Mehta maintains a Sell rating on Valero Energy and lowers the price target from $149 to $131.
September 16, 2024 | 2:17 pm
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Goldman Sachs has reiterated its Sell rating on Valero Energy and reduced the price target from $149 to $131, indicating a bearish outlook.
The Sell rating and reduced price target from a major financial institution like Goldman Sachs suggest a negative sentiment towards Valero Energy's stock, likely leading to a short-term price decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100