Scotiabank raised the firm’s price target on Chevron (CVX) to $160 from $143 and keeps a Sector Perform rating on the shares. The firm is updating its price targets of U.S. Integrated Oil, Refining, and Large Cap E&P stocks under its coverage, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CVX:
- Chevron’s Strategic Positioning and Growth Potential Amidst Hess Acquisition Uncertainty
- Chevron (CVX) Cuts 20% of Global Workforce in $3 Billion Restructuring Plan
- Chevron (CVX) to Close $53-Billion Hess Deal Within 48 Hours of ExxonMobil Dispute Decision
- Chevron price target raised to $156 from $152 at Barclays
- Indonesia, U.S. companies to sign MOU worth $34B, Reuters says