Piper Sandler Maintains Overweight on Chevron, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Ryan Todd maintains an Overweight rating on Chevron (CVX) but lowers the price target from $188 to $180.

March 14, 2024 | 1:16 pm
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Piper Sandler maintains an Overweight rating on Chevron but lowers the price target from $188 to $180.
The adjustment in price target by Piper Sandler reflects a slight change in valuation perspective, possibly due to market conditions or company performance. However, maintaining an Overweight rating indicates a continued positive outlook on the stock. The impact on the stock price may be neutral to slightly negative in the short term as the market absorbs the new price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100