Vetr Downgrades Valero To 4 Stars
The Vetr community has downgraded Valero Energy Company (NYSE: VLO) from 4.5 to 4 stars. A poor first quarter earnings report in early May sent the stock down over 16 percent, and Valero shares opened Wednesday around $52.50.
Vetr members have given Valero a Buy rating and $57.85 price target. This price target fairs much lower than the $73.14 price target from professional analysts.
Of all Vetr raters, 77.8 percent believe Valero shareholders should purchase the stock.
See Vetr’s full analysis on Valero here.
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