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Valero Energy Corporation (VLO) [hlAlert]

Rating:
Overweight
VLO
up 77.24 %

Valero Energy Corporation (VLO) rated Overweight by Morgan Stanley

Posted on: Wednesday,  Sep 12, 2012  8:25 AM ET by Morgan Stanley

Morgan Stanley rated Overweight Valero Energy Corporation (NYSE: VLO) on 09/12/2012, when the stock price was $32.92. Since
then, Valero Energy Corporation has gained 77.25% as of 12/16/2015's recent price of $58.35.
If you would have followed this Morgan Stanley's recommendation on VLO, you would have gained 77.24% of your investment in 1190 days.

Valero Energy Corporation, incorporated in 1981, owns and operates 16 refineries located in the United States, Canada, and Aruba that produce conventional gasolines, distillates, jet fuel, asphalt, petrochemicals, lubricants, and other refined products, as well as a slate of premium products, including conventional blendstock for oxygenate blending (CBOB) and reformulated gasoline blendstock for oxygenate blending (RBOB). The Company markets refined products on a wholesale basis in the United States and Canada through bulk and rack marketing network. It also sells refined products through a network of about 5,800 retail and wholesale branded outlets in the United States, Canada, and Aruba. The Company operates through two segments: refining and retail.

Morgan Stanley Investment Research is one of the financial industry's dominant thought leaders in equity and fixed-income investing. Our analysts, economists, and strategists have earned this reputation through timely, in-depth analysis of companies, industries, markets, and the world’s economies. Our teams collaborate to assist Morgan Stanley clients with investment decisions, using cash and derivative instruments across major asset classes and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/12/2012 8:25 AM Buy
None
32.92
as of 12/31/2012
1 Week up  1.12 %
1 Month up  5.76 %
3 Months up  7.70 %
1 YTD up  3.64 %

(*) Stock Price at the time of the recommendation.
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