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

Average VLO
down 10.79 %

Valero Energy Corporation (VLO) upgraded to Average with price target $51 by Caris & Company

Posted on: Wednesday,  Mar 12, 2008  9:25 AM ET by Caris & Company

Caris & Company rated Average Valero Energy Corporation (NYSE: VLO) on 03/12/2008. Previously Caris & Company rated Above Average Valero Energy Corporation (NYSE:
VLO) on 01/14/2008., when the stock price was $59.87. Since then, Valero Energy Corporation has lost 10.79% as of 03/12/2008's recent price of $53.41.
If you would have followed the previous Caris & Company's recommendation on VLO, you would have lost 10.79% of your investment in 58 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.

Caris & Company, an investment bank created by a diverse group of leading Wall Street professionals. We are founded on the basic principle that Wall Street requires a different type of organization: One that offers objective, conflict-free research, acute focus on customer service, broad institutional coverage, and an unwavering commitment to increasing the value of our clients' portfolios. Quite simply, our goal is to generate solid investment ideas for our clients. We offer a unique, differentiated, conflict-free research perspective on large, mid, and small capitalization companies in four growth oriented verticals: Health Care, Technology, Energy, and Consumer.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/3/2010 9:25 AM Hold
17.13 20.00
as of 12/24/2008
1 Week up  0.18 %
1 Month down  -18.59 %
3 Months up  11.83 %
1 YTD up  20.72 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/1/2010 9:25 AM Hold
18.74 18.00
7/10/2008 9:25 AM Sell
34.27 31.00
7/2/2008 9:25 AM Hold
40.46 43.00
5/6/2008 11:25 AM Hold
47.62 46.00
3/25/2008 9:25 AM Hold
50.59 47.00
3/12/2008 9:25 AM Hold
53.41 51.00
1/14/2008 10:50 AM Buy
59.87 73.00
9/24/2007 11:25 AM Buy
71.37 82.00

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