These Chevron Analysts Raise Price Targets On Venezuela, Free Cash Flow Prospects
Shares of Chevron Corp (NYSE:CVX) were trading under pressure on Monday despite the company reporting upbeat fourth-quarter earnings.Here are the key analyst insights:JPMorgan analyst Arun Jayaram reiterated an Overweight rating, while raising the price target from $176 to $181.Goldman Sachs analyst Neil Mehta maintained a Buy rating, while lifting the price target from $183 to $187.Check out other analyst stock ratings.JPMorgan: Despite a production impact from a power distribution failure at TCO, Chevron reiterated its 2026 free cash flow guidance of $6 billion at the joint venture entity, Jayaram said in a note. The company has identified the cause of the power issue and expects to return to full production in February, he added.Chevron expects production ...Full story available on Benzinga.com
