Scotiabank Upgrades Chevron to Sector Outperform, Raises Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Paul Cheng upgrades Chevron (NYSE:CVX) from Sector Perform to Sector Outperform and raises the price target from $170 to $195.

April 11, 2024 | 3:10 pm
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Chevron upgraded by Scotiabank to Sector Outperform with a price target increase from $170 to $195.
The upgrade by Scotiabank to Sector Outperform and the significant increase in price target from $170 to $195 is a strong bullish signal for Chevron. This reflects a positive outlook on the company's performance and potential for stock price appreciation. Given the influence of analyst ratings on market perception, this upgrade is likely to positively impact investor sentiment and potentially drive up Chevron's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100