Chevron Corporation shares are trading higher after Goldman Sachs upgraded the stock from Neutral to Buy and announced a $187 price target.
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has upgraded Chevron Corporation's stock from Neutral to Buy and set a price target of $187. This has led to an increase in Chevron's share trading.
July 31, 2023 | 2:08 pm
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Chevron Corporation's stock has been upgraded by Goldman Sachs from Neutral to Buy, with a price target of $187. This has resulted in increased trading of Chevron's shares.
The upgrade of Chevron's stock by Goldman Sachs from Neutral to Buy indicates a positive outlook for the company. The set price target of $187, which is likely higher than the current trading price, further suggests potential growth. This news has already resulted in increased trading of Chevron's shares, indicating a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100