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Valero Energy Corporation (VLO) [hlAlert]

Rating:
Outperform
VLO
up 42.21 %

Valero Energy Corporation (VLO) rated Outperform with price target $70 by Cowen

Posted on: Tuesday,  Apr 29, 2014  12:00 AM ET by Cowen

Cowen rated Outperform Valero Energy Corporation (NYSE: VLO) on 04/29/2014. Previously Cowen rated Outperform Valero Energy Corporation (NYSE: VLO) on 11/01/2013.,
when the stock price was $41.03. Since then, Valero Energy Corporation has gained 42.21% as of 12/16/2015's recent price of $58.35.
If you would have followed the previous Cowen's recommendation on VLO, you would have gained 42.21% of your investment in 775 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.

Cowen
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/29/2014 12:00 AM Buy
None
56.84 70.00
as of 10/17/2014
1 Week   
1 Month down  -6.34 %
3 Months down  -7.55 %
1 YTD down  -10.41 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/1/2013 8:25 AM Buy
None
41.03 52.00

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