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Analysts Offer Insights on Energy Companies: Valero Energy (VLO) and Enterprise Products Partners (EPD)

Tipranks - Sat Aug 1, 6:46AM CDT

Analysts fell to the sidelines weighing in on Valero Energy (VLO) and Enterprise Products Partners (EPD) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Valero Energy (VLO)

Bank of America Securities analyst Jean Ann Salisbury reiterated a Hold rating on Valero Energy yesterday and set a price target of $318.00. The company’s shares closed last Thursday at $311.71.

According to TipRanks.com, Salisbury is a 4-star analyst with an average return of 4.9% and a 68.0% success rate. Salisbury covers the NA sector, focusing on stocks such as Enterprise Products Partners, Western Midstream Partners, and Occidental Petroleum. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Valero Energy with a $297.88 average price target, a 0.5% upside from current levels. In a report released yesterday, TipRanks – OpenAI also downgraded the stock to Hold with a $330.00 price target.

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Enterprise Products Partners (EPD)

In a report released today, Gabriel Daoud from Truist Financial maintained a Hold rating on Enterprise Products Partners, with a price target of $40.00. The company’s shares closed last Thursday at $38.12.

According to TipRanks.com, Daoud is ranked 0 out of 5 stars with an average return of -10.4% and a 38.2% success rate. Daoud covers the NA sector, focusing on stocks such as Riley Exploration Permian, Mach Natural Resources LP, and Occidental Petroleum. ;'>

Enterprise Products Partners has an analyst consensus of Moderate Buy, with a price target consensus of $41.25, which is a 5.2% upside from current levels. In a report issued on July 17, Jefferies also maintained a Hold rating on the stock with a $40.00 price target.

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