RBC Capital Upgrades Chevron to Outperform, Raises Price Target to $180
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Biraj Borkhataria upgrades Chevron (NYSE:CVX) from Sector Perform to Outperform and raises the price target from $165 to $180.
June 01, 2023 | 9:35 am
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Chevron (NYSE:CVX) has been upgraded to Outperform by RBC Capital, with a raised price target of $180.
RBC Capital's upgrade of Chevron to Outperform and the increase in the price target to $180 indicate a positive outlook for the company's stock. This is likely to have a positive short-term impact on the stock price as investors may view the upgrade as a sign of improved performance and growth potential.
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