BofA Said Valero (VLO) Is Cheap Regardless of Takeover Talk
Tweet
Share
E-mailGet Alerts VLO Hot Sheet
Price: $348.86 +2.15%
Rating Summary:
16 Buy, 15 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
16 Buy, 15 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Analysts at BofA/Merrill Lynch said it is unclear whether takeover speculation on Valero (NYSE: VLO) is credible. That said, the firm said shares of the refiner are undervalued on any measure.
Shares of Valero rose 15 percent Wednesday on the takeover rumors.
Shares of Valero rose 15 percent Wednesday on the takeover rumors.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BofA Securities Starts Mobility Global (MBGL) at Neutral
- Cummins (CMI) PT Lowered to $675 at Jefferies
- Walmart (WMT) PT Lowered to $125 at JPMorgan, Overweight Rating Maintained as 'Short Case Feels Greedy'
Create E-mail Alert Related Categories
Analyst Comments, RumorsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
