Market Overview

UPDATE: Cowen Securities Raises PT on Chevron Corporation Following Analyst Meeting

Share:
Related CVX
Molycorp Inc Takes Debt Payment Holiday: Stock Sinks
The Default Probabilities Of Struggling Energy Stocks
Chevron sells New Zealand service station business for $556M (Seeking Alpha)

In a report published Wednesday, Cowen Securities analyst Asit Sen reiterated his Buy rating on Chevron Corporation (NYSE: CVX), and raised his price target from $129.00 to $133.00.

In the report, Sen noted, “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.”

Chevron Corporation closed on Tuesday at $118.25.

Latest Ratings for CVX

DateFirmActionFromTo
Jun 2015Deutsche BankMaintainsBuy
May 2015JP MorganMaintainsNeutral
May 2015Goldman SachsDowngradesNeutralSell

View More Analyst Ratings for CVX
View the Latest Analyst Ratings

Posted-In: Cowen SecuritiesAnalyst Color Price Target Analyst Ratings

 

Related Articles (CVX)

Around the Web, We're Loving...

Get Benzinga's Newsletters