This Is What Whales Are Betting On Chevron
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Chevron (NYSE:CVX), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $130.0 to $175.0 for Chevron over the last 3 months. Chevron's current price is up 0.76% at $148.73. RBC Capital, Morgan Stanley, Raymond James, Bernstein, and B of A Securities have all given positive ratings and price targets for Chevron.
November 06, 2023 | 4:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Chevron has seen a mix of bullish and bearish trades, with a whale investor targeting a price range of $130-$175. The stock's current price is up 0.76% at $148.73. Several financial institutions have given positive ratings and price targets for Chevron.
The news of a whale investor taking a bullish stance on Chevron, along with positive ratings and price targets from several financial institutions, is likely to have a positive impact on the stock's price in the short term. The fact that 50% of investors are also opening trades with bullish expectations further supports this.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100