By: Benzinga
UPDATE: Credit Suisse Reinstates Valero Energy with Neutral on Important Year, Less Upside
In a report published Friday, Credit Suisse analyst Edward Westlake reinstated coverage on Valero Energy Corporation (NYSE: VLO ), downgrading the rating from Outperform to Neutral, and a $45.00 price target. In the report, Westlake noted, “We believe that 2013 will be important for VLO owing to a surge in
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