CVX Stock: $199 Price Target Received

By Amit Chowdhry ● Mar 17, 2023
  • The shares of Chevron Corporation (NYSE: CVX) recently received a $199 price target. These are the details.

The shares of Chevron Corporation (NYSE: CVX) recently received a $199 price target.

Price target: Reduced from $204 to $199

Rating: Overweight

Source: Wells Fargo

Wells Fargo analysts adjusted the rating while pointing out that the company’s recent 2023 Investor Day was a positive event. And increased shareholder returns, multi-year production growth, and key energy transition factors offer an attractive opportunity for investors from the point of view of the Wells Fargo analysts.