Sponsored Links 
Buy Valero Energy Up to $40
Our continued favorable view for Valero Energy Corp. (VLO - Analyst Report) shares reflects the company's strong financial health, investment-grade credit rating, balanced refining portfolio and leverage to the still-wide crude quality spreads.
We believe that these attributes position Valero to navigate the current cyclical downturn much better than many of its independent refining peers. Our Buy recommendation remains unchanged, though we have lowered our estimates and price objective.
Our new 2009 EPS estimate is $3.08, down from $3.38 before, reflecting the challenging refining margin environment. We have also introduced our 2010 EPS estimate at $3.65.
 |
 |
 Share |
 RSS |
 Rate Pos |
 Rate Neg |
 Comment |
|
|
||||||
Free Stock Analysis From Zacks
Includes Zacks Long-Term Recommendation and Target Price
Loading Stories...Related Content
Best Stocks. Best Insight. Join Now...it's FREE!
Over 550,000 investors look forward to the timely insights in our email newsletter; Zacks Profit from the Pros. In each daily issue you will find:
- Free Four Zacks #1 Rank "Strong Buy" Stocks
- Free Timely Market Commentary
- Free Wealth Management Tips
- Free Profitable Strategy Screens
- Free Bull and Bear Stocks of the Day
Zacks FREE Registration
X Close
Loading Stories...Most Popular on Zacks.com
0.00 %
More Zacks Resources
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
More Zacks Links
| Market Summary | Feb 10, 2010 08:22 am ET |
[CLICK TO CLOSE X]