Valero Energy (VLO) PT Lowered to $82 at Cowen
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Price: $348.86 +2.15%
Rating Summary:
16 Buy, 15 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
Rating Summary:
16 Buy, 15 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
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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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