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Fly News Breaks for January 14, 2020
VLO
Jan 14, 2020 | 08:03 EDT
Barclays analyst Theresa Chen initiated coverage of Valero with an Overweight rating and $116 price target. The analyst thinks the macro backdrop of narrowing inland differentials favors companies with complex, coastal assets. Within the group, Valero offers offensive and defensive qualities, Chen tells investors in a research note.
News For VLO From the Last 2 Days
VLO
Apr 29, 2024 | 07:25 EDT
TD Cowen lowered the firm's price target on Valero to $185 from $190 and keeps a Buy rating on the shares. The firm said diesel cracks have driven refining margins lower thoughte company sees several indications of diesel margins bottoming.