Valero Energy Stock Falls After Morgan Stanley Downgrade

MT Newswires Live

10/04

Valero Energy (VLO) stock was down 2.5% in Friday trading after Morgan Stanley downgraded the refiner to equal-weight from overweight and lifted its price target to $175 from $160.

Trading volume stood at about 2.6 million shares, compared with a daily average of roughly 2.9 million.

Price: 160.26, Change: -4.44, Percent Change: -2.70

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