Truist Securities Maintains Hold on Chevron, Raises Price Target to $165
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Neal Dingmann maintains a 'Hold' rating on Chevron (NYSE:CVX) and raises the price target from $163 to $165.
July 31, 2023 | 2:53 pm
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Chevron's price target has been raised from $163 to $165 by Truist Securities, while maintaining a 'Hold' rating.
The news is directly about Chevron and its price target being raised by Truist Securities. This indicates that the analyst sees potential for the stock's price to increase, but the 'Hold' rating suggests that they do not recommend buying or selling the stock at this time. This could lead to a neutral short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100