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Rating: VLO
Buy $70
up 32.00 %

Valero Energy Corporation (NYSE: VLO) reiterated to Buy with price target $70 by Deutsche Bank

Thursday,  Feb 19, 2015  12:25 PM ET by Kristen Bailey

Here is more proof that the Deutsche Bank rating can guide you in smart investing. Deutsche Bank reiterated Valero Energy Corporation (NYSE: VLO) to Buy with price target
$70 with today's price of $60.10. Deutsche Bank rated Valero Energy Corporation (NYSE: VLO) to Buy with price target $60 on 10/09/2014, when the price was $45.64. Valero Energy Corporation's stock price gained 32% since then.
By following the previous Deutsche Bank's recommendation on VLO, you would have gained 32% in 133 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.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.



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