UBS Initiates Coverage of Valero Energy with Buy Rating, $33 Price Target

- UBS Initiates Coverage of Valero Energy with Buy Rating, $33 Price Target



Jun 28, 2011

UBS initiated coverage of Valero Energy Corp (NYSE:VLO) today with a buy rating and a $33 price target for the company.

Shares of Valero Energy are trading up 2.32% at $24.25.

Valero Energy (NYSE:VLO) has a potential upside of 41.3% based on a current price of $24.25 and an average consensus analyst price target of $34.27.

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