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Valero Energy Corporation (VLO) [hlAlert]

Rating:
Buy VLO
down 14.91 %

Valero Energy Corporation (VLO) upgraded to Buy with price target $78 by Argus

Posted on: Wednesday,  Dec 16, 2015  8:25 AM ET by Argus

Argus rated Buy Valero Energy Corporation (NYSE: VLO) on 12/16/2015, when the stock price was $68.58. Since
then, Valero Energy Corporation has lost 14.92% as of 12/16/2015's recent price of $58.35.
If you would have followed this Argus's recommendation on VLO, you would have lost 14.91% of your investment in 0 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.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/16/2015 8:25 AM Buy
None
68.58 78.00
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  50.40 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/24/2012 9:25 AM Hold
None
31.66
1/28/2009 8:25 AM Buy
None
25.25 35.00
10/24/2008 9:25 AM Buy
None
15.21 24.00

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