Piper Sandler Maintains Overweight on Chevron, Raises Price Target to $204
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Ryan Todd has maintained an Overweight rating on Chevron (CVX) and increased the price target from $180 to $204.
April 18, 2024 | 1:24 pm
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Piper Sandler maintains an Overweight rating on Chevron and raises the price target to $204.
The increase in price target by Piper Sandler suggests a positive outlook on Chevron's stock, likely due to anticipated strong performance or favorable market conditions. This upgrade could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100