Valero Energy, headquartered in San Antonio, Texas, manufactures and markets transportation fuels and petrochemical products through refining, renewable diesel, and ethanol segments. The company employs 9,886 people and operates over 15 refineries across North America and the UK.
VLO has been in the news recently: Goldman Sachs upgraded Valero Energy to a buy and raised its price target to $154, anticipating an 18% upside from enhanced oil market conditions. This positive outlook comes amid broader market fluctuations, including a significant drop in shares for other companies like UnitedHealth and Rigetti Computing.
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