RBC Capital Maintains Outperform on Chevron, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Biraj Borkhataria maintains an Outperform rating on Chevron (NYSE:CVX) but lowers the price target from $190 to $180.
August 05, 2024 | 3:00 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on Chevron but lowers the price target from $190 to $180.
The Outperform rating suggests continued confidence in Chevron's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100