Goldman Sachs Upgrades Chevron to Buy, Announces $187 Price Target
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Neil Mehta has upgraded Chevron (NYSE:CVX) from Neutral to Buy and set a price target of $187.
July 31, 2023 | 8:57 am
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Chevron has been upgraded from Neutral to Buy by Goldman Sachs with a price target of $187.
The upgrade from Goldman Sachs, a major financial institution, is a positive signal for Chevron. The new Buy rating and the high price target of $187 suggest that Goldman Sachs sees significant upside potential in Chevron's stock, which could drive its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100