Why Analysts Are Warming Up to Chevron
Of the 23 analysts tracking Chevron (CVX), 18 (78%) recommend “buy” or “strong buy,” and five (22%) recommend “hold.” None recommend “sell.” Chevron’s target price has been raised since its earnings release, by: UBS, from $120 to $130 Citigroup, from $133 to $145 Bank of America Merrill Lynch, from $138 to $150