Valero Energy (VLO) PT Lowered to $82 at Cowen

December 28, 2021 8:14 AM EST
Get Alerts VLO Hot Sheet
Price: $341.67 -0.36%

Rating Summary:
    16 Buy, 15 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Cowen analyst Jason Gabelman lowered the price target on Valero Energy (NYSE: VLO) to $82.00 (from $85.00) while maintaining an Outperform rating.

"We expect a beat versus consensus given its ethanol production business will enable it to capture elevated ethanol prices, offsetting the refining impacts," the analyst commented.



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