In a report released today, Justin Jenkins from Raymond James 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, Jenkins is a 5-star analyst with an average return of 11.1% and a 65.6% success rate. Jenkins covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Dcp Midstream Partners, and Aris Water Solutions. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Chevron with a $178.94 average price target, a 14.3% upside from current levels.
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Chevron (NYSE:CVX)
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