Valero (VLO) Soars 140%, Morgan Stanley Targets $411 Ahead
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowValero Energy Corporation (NYSE: VLO) has experienced a rally, gaining over 140% since the beginning of 2026. This increase is driven by a surge in global refining margins due to reduced refining capacity and tight fuel supplies. Morgan Stanley analyst Joe Laetsch raised the price target for VLO from $255 to $411, indicating potential further upside of nearly 4% from current levels. The company returned $2.6 billion to shareholders in Q2, a significant increase from $695 million last year, highlighting its strong current performance and shareholder returns.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Valero Energy Corporation (VLO)
Valero Energy is one of the largest U.S. independent petroleum refiners.
The Energy sector covers oil, gas and energy-equipment companies sensitive to commodity prices.
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