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.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VLO:
