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Piper Sandler Reaffirms Their Buy Rating on Valero Energy (VLO)
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Piper Sandler Reaffirms Their Buy Rating on Valero Energy (VLO)

In a report released today, Ryan Todd from Piper Sandler maintained a Buy rating on Valero Energy (VLOResearch Report), with a price target of $198.00. The company’s shares closed yesterday at $167.28.

Todd covers the Energy sector, focusing on stocks such as PBF Energy, Par Pacific Holdings, and HF Sinclair Corporation. According to TipRanks, Todd has an average return of 8.3% and a 58.85% success rate on recommended stocks.

Valero Energy has an analyst consensus of Moderate Buy, with a price target consensus of $177.50, a 6.11% upside from current levels. In a report released today, Citi also maintained a Buy rating on the stock with a $192.00 price target.

The company has a one-year high of $184.79 and a one-year low of $100.82. Currently, Valero Energy has an average volume of 3.48M.

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Valero Energy (VLO) Company Description:

Founded in 1980, Texas-based Valero Energy Corp. manufactures and markets transportation fuels and other petrochemical products. The company operates through three business segments: Refining, Ethanol and Renewable Diesel.

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