Valero Energy, US91913Y1001

Valero Energy stock falls 4.10 percent after Jefferies downgrade

Published on 09/23/2026 at 10:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Valero Energy stock closed at USD 377.14 on September 22, 2026, after Jefferies cut its rating to Hold. The stock remained up 135 percent year to date.

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Valero Energy (ISIN US91913Y1001) closed at USD 377.14 on the NYSE on September 22, 2026, down 4.10 percent from the prior close. The decline followed Seeking Alpha reporting on September 22, 2026, that Jefferies downgraded the shares from Buy to Hold and set a USD 401 price target.

Jefferies flags stretched valuation

The downgrade came after Valero shares had more than doubled over the preceding year, according to Seeking Alpha on September 22, 2026. Investing.com said the move reflected a changed refining-sector risk-reward balance after a rally of roughly 145 percent year to date.

The target gives the market a concrete reference point: USD 401 stands USD 23.86 above the September 22 close, or 6.33 percent higher. That gap is narrower than the recent share-price advance, making valuation the immediate counterweight to the bullish price trend.

Yearly range remains wide

Market data for September 22, 2026, placed Valero's 52-week range at USD 155.29 to USD 419.04, with a market capitalization of USD 113.36 billion and session volume of 624,299 shares. The close was USD 41.90 below the yearly high and USD 221.85 above the yearly low.

The technical picture adds context to the downgrade. Valero's 50-day moving average was USD 341.51 and its 200-day moving average was USD 280.01 on September 22, 2026, while the closing price remained above both levels. The stock therefore retained a substantial gain cushion despite the single-session decline.

Stock stays near yearly high

Valero Energy stock closed at USD 377.14 on the NYSE on September 22, 2026, with the 4.10 percent daily decline and the USD 113.36 billion market capitalization defining the latest completed trading session. The next valuation signal is the distance between that close and Jefferies' USD 401 target.