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Stock Market & Financial Investment News

News Breaks
January 4, 2013
08:12 EDTVLOValero Energy price target raised to $40 from $35 at Oppenheimer
Oppenheimer increased its target on Valero, citing what the firm sees as continued strong industry fundamentals, benefits from new projects, and the positive impact of lower capex. The firm expects the company to use its $4B in free cash flow from 2012-2014 to buy back stock and grow its dividend, and it maintains an Outperform rating on the shares.
News For VLO From The Last 14 Days
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August 24, 2015
09:45 EDTVLOOn The Fly: Analyst Downgrade Summary
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07:24 EDTVLOValero downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merill downgraded Valero to Underperform and raised its price target to $68 from $64. The firm believes the Refining sector has reverted to a trading sector and downgrade shares ahead of a seasonal slow-down in demand and a deteriorating macro backdrop.

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