Morgan Stanley Raises PT on Valero Energy (VLO) Stock

Valero Energy Corporation (NYSE:VLO) is one of the Best Bargain Stocks to Buy in June. On June 12, Morgan Stanley lifted its price objective on the company’s stock to $255 from $232 and maintained an “Equal Weight” rating on the shares. While the refining margins have softened from the mid-May peak, they are still elevated compared to the pre-conflict levels, added the firm’s analyst. Furthermore, the analyst updated the estimates for the latest strip prices through 2027.

Morgan Stanley Raises PT on Valero Energy (VLO) Stock

In a different release, Valero Energy Corporation (NYSE:VLO) reported net income of $1.3 billion for Q1 2026 as compared to a net loss of $595 million for Q1 2025. The refining segment saw operating income of $1.8 billion for Q1 2026 as compared to an operating loss of $530 million in Q1 2025.

Capital investments came in at $448 million in Q1 2026. Out of this, $404 million was for sustaining the business, which includes costs for turnarounds, catalysts, and regulatory compliance.

Valero Energy Corporation (NYSE:VLO) is engaged in manufacturing, marketing, and selling petroleum-based and low-carbon liquid transportation fuels and petrochemical products.

While we acknowledge the risk and potential of VLO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than VLO and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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