Barclays, TD Cowen raise Valero Energy price targets
TD Cowen analyst Jason Gabelman maintained a Hold rating on Valero Energy while raising the price target to $292 from $276. Barclays analyst Theresa Chen maintained an Overweight rating and increased the price target to $279 from $261.
*this image is generated using AI for illustrative purposes only.
TD Cowen and Barclays have updated their valuation perspectives on Valero Energy, with both firms raising their price targets. TD Cowen analyst Jason Gabelman maintained a Hold rating while increasing the target to $292 from $276. Separately, Barclays analyst Theresa Chen kept an Overweight rating and lifted the target to $279 from $261.
Rating and Price Targets
The research notes from TD Cowen and Barclays reaffirm their respective stances on Valero Energy shares. The decision to increase the price targets suggests a shift in the firms' expectations for the stock's future price movement.
| Firm | Analyst | Rating | Previous Target | New Target |
|---|---|---|---|---|
| TD Cowen | Jason Gabelman | Hold | $276 | $292 |
| Barclays | Theresa Chen | Overweight | $261 | $279 |
What specific factors drove TD Cowen and Barclays to raise their price targets for Valero Energy?
How might the divergence in ratings between Hold and Overweight impact investor sentiment toward Valero?
What future market conditions could further influence Valero's stock performance beyond these revised targets?
20
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
