Barclays Maintains Overweight on Chevron, Lowers Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Betty Jiang maintains an Overweight rating on Chevron (NYSE:CVX) but lowers the price target from $203 to $185.
August 06, 2024 | 1:14 pm
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NEUTRAL IMPACT
Barclays analyst Betty Jiang maintains an Overweight rating on Chevron but lowers the price target from $203 to $185.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on Chevron's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100