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Have Ratings for Valero Strengthened ahead of Its Earnings?

Have Ratings for Valero Strengthened ahead of Its Earnings?

Until now in this pre-earnings series, we’ve evaluated Valero Energy’s (VLO) earnings estimate and refining margin estimate for the second quarter. A total of 18 analysts are tracking Valero Energy. Of this total, 12 analysts (or 67%) have assigned “buy” or “strong buy” ratings to the stock, six (or 33%) have given it “hold” ratings, and none have assigned it “sell” or “strong sell” ratings.