Valero Energy (VLO) has an average rating of overweight and mean price target of $259.33, according to analysts polled by FactSet.
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Kempen on Wednesday lowered its rating on Dutch offshore floating production company SBM Offshore (SBMO.AS) to neutral from buy, while increasing its price target to 39.10 euros from 36.00 euros.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
HSBC on Wednesday increased the price target for base oil producer Saudi Aramco Base Oil Co. (SASE:2223), d/b/a Luberef, to 145.00 Saudi riyals from 118.00 riyals and affirmed its buy rating.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
WORK Medical Technology Group (WOK) shares were down 82% in Wednesday premarket activity, paring Tuesday's rally.Ring Energy (REI) stock was 25% lower after the company said overnight it priced a public offering of about 44.4 million common shares at $1.35 apiece, targeting $60 million in gross proceeds.Wix.com (WIX) shares were down 17% after the company posted lower Q1 adjusted earnings that also trailed analysts' forecasts.Red Cat (RCAT) stock was 14% lower, a day after the company said it priced a roughly $225 million common stock offering.