Market Overview

UPDATE: Cowen Securities Raises PT on Chevron on Strong Sector Performance

Related CVX
Shorts Pile Into Some Of This ETF's Holdings
Benzinga's Top Upgrades
Report: Oil companies have scuttled plans for ~150 projects, 19M bbl/day (Seeking Alpha)

Cowen Securities analyst Asit Sen published a report on Chevron (NYSE: CVX) that reiterated its Buy rating and raised the price target from $129 to $133.

Cowen Securities reported that, “Following CVX analyst meeting we have increased confidence in the company's near/medium term production profile and sustainability of sector-leading operational/financial performance. We are raising our price target to $133 (from $129). CVX remains one of our key investment favorites.”

Shares of Chevron closed at $118.25 on Tuesday.

Latest Ratings for CVX

Nov 2015Evercore ISI GroupUpgradesHoldBuy
Nov 2015Credit SuisseMaintainsNeutral
Oct 2015BarclaysMaintainsEqual-weight

View More Analyst Ratings for CVX
View the Latest Analyst Ratings

Posted-In: Cowen SecuritiesAnalyst Color Price Target Analyst Ratings


Related Articles (CVX)

Get Benzinga's Newsletters