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Benzinga
Benzinga
Business
Priya Nigam

BofA Raises Oil Refiner Price Targets, Names 6 Top Stock

NYSE BofA Securities Doug Leggate United States

U.S. refiners are enjoying a relative advantage that could last longer than the “Golden Age” in the mid-2000s, according to BofA Securities.

The Energy Analyst: Doug Leggate named Valero Energy Corporation (NYSE:VLO) as the top pick among U.S. refiners, while maintaining a Buy rating and a price target of $135 for the stock. The analyst also issued the following ratings and price targets.

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