Analyst Expectations for Chevron's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for Chevron (NYSE:CVX) within the last quarter, with a majority being indifferent. The average price target given by these analysts is $191.31, compared to Chevron's current price of $154.69, implying an upside. However, this average represents a 0.36% decrease from the previous average price target of $192.00.
July 20, 2023 | 1:01 pm
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Analysts have given various ratings for Chevron, with a majority being indifferent. The average price target is $191.31, implying an upside from the current price of $154.69. However, this is a 0.36% decrease from the previous target.
The majority of analysts are indifferent about Chevron's stock, which could indicate uncertainty about its future performance. However, the average price target given by these analysts is higher than the current price, suggesting potential upside. This could have a positive impact on the stock price in the short term. However, the decrease in the average price target could also indicate a less optimistic view compared to the previous quarter.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100