Where Chevron Stands With Analysts
Portfolio Pulse from Benzinga Insights
In the last quarter, Chevron (NYSE:CVX) received 16 analyst ratings, with 5 being bullish, 3 somewhat bullish, and 8 indifferent. The average 12-month price target for Chevron is $190.38, an increase of 1.23% from the previous average of $188.07.
August 17, 2023 | 2:00 pm
News sentiment analysis
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POSITIVE IMPACT
Chevron received mostly positive to neutral ratings from analysts in the last quarter. The average 12-month price target has increased, indicating a positive outlook.
Analyst ratings are a significant factor in stock performance. The majority of the ratings Chevron received in the last quarter were positive to neutral, which is a good sign for the company. Furthermore, the increase in the average 12-month price target suggests that analysts expect the stock to perform well in the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100