Soleil Securities Downgrades VeraSun Energy (VSE) To Sell

June 17, 2008 5:53 PM EDT

Earlier today, Soleil downgrades VeraSun Energy (NYSE: VSE) from Hold to Sell. Soleil issued the downgrade to reflect the tough economic conditions and, therefore, lower volume assumptions. Soleil's price target on VeraSun is $3.75. VeraSun Energy closed at $4.21 today.

VeraSun Energy Corporation engages in the production and sale of ethanol and its co-products in the United States.
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