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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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March 27, 2015
16:01 EDTVLOOptions Update; March 27, 2015
iPath S&P 500 VIX Short-Term Futures down 31c to 25.74 Option volume leaders: AAPL TSLA TWTR RAD FB PBR AMZN DOW VLO AMAT ALTR according to Track Data.
March 25, 2015
09:29 EDTVLORefining stocks can outperform commodities within cycle, says Cowen
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09:19 EDTVLORefining sector price targets raised at Morgan Stanley
Morgan Stanley believes the market is underestimating US downstream earnings power. The firm expects US refining to re-rate, driven by relative valuations, secular tailwinds, and focus on shareholder returns. Morgan Stanley raised price targets on Valero (VLO) to $90 from $70, Tesoro (TSO) to $120 from $92, Phillips 66 (PSX) to $105 from $95, Western Refining (WNR) to $63 from $52, Delek US (DK) to $48 from $45, Marathon Petroleum (MPC) to $145 from $120, and PBF Energy (PBF) to $45 from $35.

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