Morgan Stanley Reiterates Equal-Weight on Chevron, Maintains $197 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott has reiterated an Equal-Weight rating on Chevron (NYSE:CVX) and maintained a price target of $197.
July 25, 2023 | 12:21 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Chevron and maintained a price target of $197.
The news is directly about Chevron and its rating by Morgan Stanley. The reiteration of the Equal-Weight rating and maintenance of the price target suggests that Morgan Stanley's view on the company has not changed. This is likely to have a neutral impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100