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Valero Energy Corporation (NYSE:VLO) has been upgraded to Buy in a statement by Jefferies Group LLC earlier today.

Boasting a price of $64.68, Valero Energy Corporation (NYSE:VLO) traded 0.57% higher on the day. With the last stock price close down 5.99% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Valero Energy Corporation has recorded a 50-day average of $67.53 and a two hundred day average of $66.25. Volume of trade was down over the average, with 2,629,179 shares of VLO changing hands under the typical 3,850,100

Jefferies Group LLC has upgraded Valero Energy Corporation (NYSE:VLO) to Buy in a statement released on 6/22/2017.

Performance Chart

Valero Energy Corporation (NYSE:VLO)

With a total market value of $0, Valero Energy Corporation has price-earnings ratio of 17.33 with a one year low of $51.17 and a one year high of $71.40 .

A total of 15 equity analysts have released a research note on VLO. Five equity analysts rating the company a strong buy, ten equity analysts rating the company a buy, four equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $73.20.

More About Valero Energy Corporation (NYSE:VLO)

Valero Energy Corporation (Valero) is an independent petroleum refiner and ethanol producer. The Company's segments include refining, ethanol and Valero Energy Partners LP (VLP). The refining segment includes its refining operations and the associated marketing activities. The ethanol segment includes its ethanol operations and the associated marketing activities, and logistics assets that support its ethanol operations. The Company owns logistics assets (crude oil pipelines, refined petroleum product pipelines, terminals, tanks, marine docks, truck rack bays and other assets) that support its refining operations. Some of these assets are owned by VLP, which is a midstream master limited partnership owned by the Company. VLP's assets include crude oil and refined petroleum products pipeline and terminal systems in the United States Gulf Coast and the United States Mid-Continent regions. Its refineries produce conventional gasolines, premium gasolines and lubricants, among others.

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