Valero Energy (VLO) Misses Q1 EPS by 6c

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Go back to Valero Energy (VLO) Misses Q1 EPS by 6c

Simmons Remains Sidelined on Valero Energy (VLO) - PT to $63

May 4, 2016 9:12 AM EDT

Simmons maintained a Neutral rating on Valero Energy (NYSE: VLO), and cut the price target to $63.00 (from $66.00), following the company's 1Q report. Current margin indicators appear below what is implied by consensus expectations for 2Q16 in Simmons' view, with the $10/bbl increase in oil prices during... More