In a report released today, Roger Read from Wells Fargo maintained a Buy rating on Chevron (CVX – Research Report), with a price target of $185.00. The company's shares closed last Friday at $163.78. According to TipRanks.com, Read is a 5-star analyst with an average return of 11.8% and a 62.4% success rate. Read covers the Utilities sector, focusing on stocks such as HF Sinclair Corporation, Occidental Petroleum, and Marathon Petroleum. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Chevron with a $178.94 average price target, which is a 14.3% upside from current levels.
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Chevron (NYSE:CVX)
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