Truist Securities Maintains Hold on Chevron, Raises Price Target to $166
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a Hold rating on Chevron (CVX) and raises the price target from $156 to $166.
May 10, 2024 | 5:17 pm
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POSITIVE IMPACT
Truist Securities maintains a Hold rating on Chevron but increases the price target from $156 to $166, indicating a positive outlook on the stock's value.
The increase in price target by Truist Securities suggests a positive reassessment of Chevron's value, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100