Valero Energy Corporation (NYSE: VLO) has seen its position reevaluated by various investment groups, such as Envestnet Portfolio Solutions and Csenge Advisory Group. Despite stock value dropping US$3.9 billion in a week, shareholders have still enjoyed a surge of 145% over the past three years. Oppenheimer & Co. Inc. and Norden Group LLC have boosted their stakes while Jennison Associates LLC reduced theirs. Various price targets for the stock have been updated from $173.00 by Scotiabank, to $156.00 by Wells Fargo & Company, and finally to $165.00 by Barclays. Q4 2023 and Q1 2024 earnings call transcripts are making headlines, while Valero's buyback strategy is deemed attractive given the current environment. Institutional ownership remains strong and Valero's Q2 2024 earnings report is eagerly anticipated. Performance in the first and second quarters of 2024 is expected to be revealed on July 25th, 2024. Lastly, a strategic SWOT analysis has given investors insight into Valero's strategies to stay on top of their debt, maintain free cash flow for dividend growth, and manage their businesses amid changing market conditions.
Valero Energy Corporation VLO News Analytics from Mon, 21 Aug 2023 07:00:00 GMT to Sun, 14 Jul 2024 14:44:41 GMT - Rating 4 - Innovation 2 - Information 8 - Rumor -6
