Valero Energy (VLO) Gets a Hold from TD Cowen
TD Cowen analyst Jason Gabelman maintained a Hold rating on Valero Energy today and set a price target of $247.00.
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According to TipRanks, Gabelman is a 5-star analyst with an average return of 12.3% and a 64.73% success rate. Gabelman covers the Energy sector, focusing on stocks such as Chevron, Equinor ASA, and BP.
In addition to TD Cowen, Valero Energy also received a Hold from TipRanks – OpenAI’s OpenAI Oil and Gas Refining and Marketing in a report issued today. However, on the same day, TipRanks – xAI upgraded Valero Energy (NYSE: VLO) to a Buy.
Based on Valero Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $31.73 billion and a net profit of $1.13 billion. In comparison, last year the company earned a revenue of $30.76 billion and had a net profit of $281 million
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VLO in relation to earlier this year.
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