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Enter Symbol:
 
Valero Energy Corporation (VLO) [hlAlert]

Rating:
Outperform
VLO
up 14.41 %

Valero Energy Corporation (VLO) rated Outperform by Raymond James

Posted on: Thursday,  Jan 23, 2014  8:25 AM ET by Raymond James

Raymond James rated Outperform Valero Energy Corporation (NYSE: VLO) on 01/23/2014, when the stock price was $51.00. Since
then, Valero Energy Corporation has gained 14.41% as of 12/16/2015's recent price of $58.35.
If you would have followed this Raymond James's recommendation on VLO, you would have gained 14.41% of your investment in 692 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.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/23/2014 8:25 AM Buy
None
51.00
as of 10/17/2014
1 Week   
1 Month down  -6.34 %
3 Months down  -7.55 %
1 YTD down  -11.47 %

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