UBS Maintains Buy on Chevron, Lowers Price Target to $202
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein has maintained a 'Buy' rating on Chevron (NYSE:CVX) but lowered the price target from $207 to $202.
July 20, 2023 | 9:43 am
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UBS analyst has maintained a 'Buy' rating on Chevron but lowered the price target from $207 to $202.
The news is directly about Chevron and is likely to influence investor sentiment. The maintained 'Buy' rating indicates UBS's continued confidence in the company, but the lowered price target may suggest a slightly less optimistic outlook. This could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100