Bank of America Reiterates Buy on Valero Energy Ahead of Potential Easing of Ethanol Mandate
October 11, 2013 at 10:45 AM EDT
In a report published Friday, Bank of America analyst Doug Leggate reiterated a Buy rating and $43.00 price target on Valero Energy Corporation (NYSE: VLO ). In the report, Bank of America noted, “Regardless of earlier signaling, we view any potential easing as a positive for refiners, particularly as the