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Raymond James Raises Valero Energy (VLO) Price Target to $290 |
Raymond James has raised its price target for Valero Energy (VLO) to $290 from $215, maintaining a “Strong Buy” rating, reflecting significant confidence in the company’s future performance. This follows a trend of positive adjustments from other analysts indicating optimism for Valero’s potential growth. Despite the positive analyst outlook, GuruFocus estimates a potential downside due to the current price exceeding its estimated fair value.