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Analysts Offer Insights on Energy Companies: Valero Energy (VLO) and DHT Holdings (DHT)

Tipranks - Fri Jun 12, 6:36AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Valero Energy (VLO) and DHT Holdings (DHT) with bullish sentiments.

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Valero Energy (VLO)

UBS analyst Manav Gupta maintained a Buy rating on Valero Energy today and set a price target of $280.00. The company’s shares closed last Wednesday at $257.99.

According to TipRanks.com, Gupta is a 5-star analyst with an average return of 20.4% and a 67.7% success rate. Gupta covers the NA sector, focusing on stocks such as Venture Global, Inc. Class A, Enterprise Products Partners, and Western Midstream Partners. ;'>

Currently, the analyst consensus on Valero Energy is a Moderate Buy with an average price target of $261.13.

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DHT Holdings (DHT)

In a report released today, Gregory Lewis from BTIG reiterated a Buy rating on DHT Holdings, with a price target of $23.00. The company’s shares closed last Wednesday at $16.60.

According to TipRanks.com, Lewis is a 5-star analyst with an average return of 29.9% and a 59.0% success rate. Lewis covers the Industrial Goods sector, focusing on stocks such as Capital Clean Energy Carriers, Nano Nuclear Energy Inc., and Aebi Schmidt Holding AG. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for DHT Holdings with a $23.00 average price target, which is a 37.7% upside from current levels. In a report issued on May 31, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $19.00 price target.

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