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Analysts’ Opinions Are Mixed on These Utilities Stocks: Valero Energy (VLO) and Continental Resources (CLR)

Analysts have been eager to weigh in on the Utilities sector with new ratings on Valero Energy (VLOResearch Report) and Continental Resources (CLRResearch Report).

Valero Energy (VLO)

Mizuho Securities analyst Silvio Micheloto maintained a Buy rating on Valero Energy on July 28 and set a price target of $150.00. The company’s shares closed last Friday at $110.77.

According to TipRanks.com, Micheloto is a 5-star analyst with an average return of 53.6% and a 95.0% success rate. Micheloto covers the Utilities sector, focusing on stocks such as HF Sinclair Corporation, Marathon Petroleum, and Delek US Holdings.

Valero Energy has an analyst consensus of Moderate Buy, with a price target consensus of $142.15, representing a 29.4% upside. In a report issued on July 28, Wolfe Research also maintained a Buy rating on the stock with a $145.00 price target.

See the top stocks recommended by analysts >>

Continental Resources (CLR)

Mizuho Securities analyst Vincent Lovaglio maintained a Hold rating on Continental Resources on July 28 and set a price target of $72.00. The company’s shares closed last Friday at $68.89, close to its 52-week high of $75.49.

According to TipRanks.com, Lovaglio is a top 25 analyst with an average return of 42.3% and a 82.0% success rate. Lovaglio covers the Utilities sector, focusing on stocks such as Occidental Petroleum, Southwestern Energy, and Comstock Resources.

The word on The Street in general, suggests a Hold analyst consensus rating for Continental Resources with a $74.71 average price target, representing a 10.6% upside. In a report issued on July 14, RBC Capital also maintained a Hold rating on the stock with a $80.00 price target.

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