mizuho: Raised Chevron (NYSE:CVX) price target to $206 from $200.
mizuho: Raised its price target on Chevron (NYSE:CVX) to $206 from $200.
News & Forecast & Price target & Analyst Ratings & Estimates
mizuho: Raised its price target on Chevron (NYSE:CVX) to $206 from $200.
Chevron (NYSE:CVX) said Tuesday it has increased its share-repurchase guidance to $10 billion to $20 billion per year and will raise its annual share repurchase rate to $17.5 billion beginning in Q2.
Cowen: Cut Chevron (NYSE:CVX) price target to $170 from $185.
Truist analyst Neal Dingmann raised its price target on Chevron (NYSE:CVX) to $179 from $169, but maintained its hold rating on the stock. The analyst told investors in a research note that the company continues to make headlines with its buybacks, disclosing a $75 billion buyback authorization last week, but the announcement was more of a “catch-up” move that brought Chevron’s shareholder return program more in line with the larger independent exploration and production companies. He added that it became “a little cautious” about Chevron’s overall upstream operations plans given its hints that production growth was declining in the Permian.