- 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.
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Source: pulse2.com