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Valero Energy Corporation (VLO) [hlAlert]

Rating:
Neutral VLO

Valero Energy Corporation (VLO) rated Neutral by Credit Suisse

Posted on: Friday,  Dec 13, 2013  8:25 AM ET by Credit Suisse

Credit Suisse rated Neutral Valero Energy Corporation (NYSE: VLO) on 12/13/2013. Previously Credit Suisse rated Outperform Valero Energy Corporation (NYSE: VLO) on
04/15/2010., when the stock price was $20.23. Since then, Valero Energy Corporation has gained 79.29% as of 05/03/2013's recent price of $36.27.
If you would have followed the previous Credit Suisse's recommendation on VLO, you would have gained 79.28% of your investment in 1114 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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/13/2013 8:25 AM Hold
None
45.87
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  6.30 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/3/2013 8:25 AM Hold
None
36.27
4/15/2010 8:25 AM Buy
None
20.23 25.00
4/30/2008 8:25 AM Hold
None
50.94
7/20/2007 1:25 PM Buy
None
72.88 78.00

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