Is Chevron Stock Going to $180? 1 Wall Street Analyst Thinks So.
Chevron(CVX) The Motley Fool·2024-03-15 12:40
It's been an unusual year for the oil exploration and production (E&P) sector. Significant players like Chevron (CVX 1.18%), Occidental Petroleum, ExxonMobil, and Devon Energy have notably underperformed the S&P 500 index.Given the economy and the current state of the industry, it's fair that they continue to be out of favor with investors. And yet, many analysts remain positive about the sector. A Piper Sandler analyst recently maintained an overweight rating on Chevron's stock, even while cutting the pric ...