UBS analyst Manav Gupta maintained a Buy rating on Valero Energy yesterday and set a price target of $183.00. The company's shares closed yesterday at $171.05.
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According to TipRanks, Gupta is a 4-star analyst with an average return of 6.2% and a 57.63% success rate. Gupta covers the Energy sector, focusing on stocks such as HF Sinclair Corporation, Phillips 66, and Hess Midstream Partners.
In addition to UBS, Valero Energy also received a Buy from Barclays's Theresa Chen in a report issued yesterday. However, on the same day, TD Cowen maintained a Hold rating on Valero Energy (NYSE: VLO).
Based on Valero Energy's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $29.89 billion and a net profit of $714 million. In comparison, last year the company earned a revenue of $34.49 billion and had a net profit of $880 million