7. AFFORDABLE AND CLEAN ENERGY

Valero Energy (VLO) Stock: $166 Target And Overweight Rating – Pulse 2.0

Written by Amanda
  • The shares of Valero Energy Corporation (NYSE: VLO) have received a $166 price target from Wells Fargo. These are the details.

The shares of Valero Energy Corporation (NYSE: VLO) have received a $166 price target from Wells Fargo. And Wells Fargo analyst Roger Read increased the price target on Valero from $136 while maintaining an “Overweight” rating on the shares.

Read had cited the company’s exceptional second quarter and the favorable forward indicators for the second half of 2022 and a better than a mid-cycle condition for next year.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.

Source: pulse2.com

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Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai