Valero Energy Co. (NYSE:VLO) was downgraded by investment analysts at Credit Suisse from an “outperform” rating to a “neutral” rating in a note issued to investors on Monday, The Fly reports.
In other Valero Energy news, EVP R. Lane Riggs sold 10,060 shares of the business’s stock in a transaction on Wednesday, February 24th. The stock was sold at an average price of $60.00, for a total transaction of $603,600.00. Following the completion of the transaction, the executive vice president now owns 120,007 shares in the company, valued at approximately $7,200,420. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Source: American Banking and Market News