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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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April 8, 2014
07:52 EDTVLORefiners 2014 EPS estimates raised at Wells Fargo
Wells Fargo significantly raised its 2014 EPS estimates for Alon USA (ALJ), PBF Energy (PBF), Valero (VLO), and Western Refining (WNR) . The firm thinks that the sector is benefiting from better crack spreads and refining utilization so far in Q2, while U.S. exports of refined products jumped 21% year-over-year last quarter. Wells keeps Outperform ratings on PBF and Valero, and Market Perform ratings on Alon USA and Western Refining.

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