Valero Energy Corp: BofA Global Research Increases Price Target to $247 from $195
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 24 2026
0mins
Should l Buy VLO?
Source: moomoo
Company Overview: Valero Energy Corp is a major player in the energy sector, focusing on refining and marketing petroleum products.
Price Increase: The company's stock price has been raised to $247 from a previous valuation of $195, indicating positive market sentiment.
Research Influence: The price adjustment is based on global research findings that suggest a strong outlook for Valero's performance.
Market Position: This increase reflects Valero's strategic positioning and potential for growth in the energy market.
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Analyst Views on VLO
Wall Street analysts forecast VLO stock price to fall
17 Analyst Rating
11 Buy
6 Hold
0 Sell
Moderate Buy
Current: 241.460
Low
149.00
Averages
186.56
High
223.00
Current: 241.460
Low
149.00
Averages
186.56
High
223.00
About VLO
Valero Energy Corporation, through its subsidiaries, is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products. The Company sells its products primarily in the United States, Canada, the United Kingdom, Ireland and Latin America. Its segments include Refining, Renewable Diesel, and Ethanol. The Refining segment includes the operations of its petroleum refineries, the associated activities to market its refined petroleum products, and the logistics assets that support its refining operations. The Renewable Diesel segment represents the operations of Diamond Green Diesel (DGD), and the associated activities to market renewable diesel, renewable naphtha, and neat SAF. The Ethanol segment includes the operations of its ethanol plants and the associated activities to market its ethanol and co-products. It owns 15 petroleum refineries located in the United States, Canada and the United Kingdom.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- ETF Unit Trading Mechanism: ETFs trade similarly to stocks, where investors are buying and selling 'units' that can be created or destroyed based on investor demand, impacting the ETF's liquidity and market performance.
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- Market Reaction: Following Trump's speech claiming the war would end in 2-3 weeks, oil prices spiked, with Brent crude rising over 6.5% to around $107.79 per barrel, reflecting market concerns over future supply.
- Government Interventions: Countries like Germany and Australia have implemented measures to curb rising fuel prices, with Germany limiting daily price hikes at gas stations and Australia launching a national fuel security plan, highlighting governments' focus on potential energy crises.
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