Information Provided By:
Fly News Breaks for January 12, 2017
VLO
Jan 12, 2017 | 07:59 EDT
Jefferies analyst Corey Goldman downgraded Valero Energy to Hold saying the weakening gasoline margin environment creates downside risk to estimates. The analyst views the stock's risk/reward as "muted" following the 41% rally since the 2016 trough. Goldman has a $67 price target for the shares.