TD Cowen analyst Jason Gabelman lowered the firm’s price target on Valero (VLO) to $118 from $121 and keeps a Buy rating on the shares. The firm said Investor feedback suggested the company’s 1Q print was decent, though the stock underperformed despite the company saying they see no pullback in demand.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VLO:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue