Valero Energy Corporation (VLO) has been receiving diverse views in terms of the Statutory Earnings projections, underlining the volatility inherent in the energy market scenario. The company's
stock price,
rankings, and
financial performance have been analyzed by a range of investment firms such as Morningstar Investment Services, Exencial Wealth Advisors, and First Trust Advisors. Argus has downgraded Valero, citing peaked refining margins and demand while Wells Fargo has cut its price target to $179.00. However, Valero has consistently surpassed market returns. VLO's stocks are also suggested as a Buy, following a strong Q1 earnings beat, despite its shares seeing a more significant dip than the broader market. It’s also worth noting that Valero’s shares have witnessed heavy trading in the recent past, suggesting possible
institutional interest. There’s speculation pertaining to VLO’s Q4 earnings, with suggestions that Valero Energy might be undervalued right now. Furthermore, financial reports also indicate a positive institutional ownership of around 80-81% which suggests strong institutional backing. On the downside, there are suggestions of 'Hold Strategy' being apt for the VLO stock with doubts over the potential gains from its next dividend.
Valero Energy Corporation VLO News Analytics from Mon, 21 Aug 2023 07:00:00 GMT to Sun, 09 Jun 2024 17:19:15 GMT -
Rating 5
- Innovation -2
- Information 8
- Rumor 2
