Jan. 19 at 12:42 PM
$CVX Excellent DIVI AND: On January 14, Jefferies raised its price target on Chevron Corporation (NYSE:CVX) from
$174 to
$189 and maintained its Buy rating on the stock, ahead of the company’s fourth-quarter earnings report, which is expected on January 30. The research firm forecasts that Chevron Corporation (NYSE:CVX) will report adjusted earnings per share of
$1.45, or about 2% above Wall Street’s expectations. BMO Capital is still confident about Chevron Corporation’s (NYSE:CVX) longer-term prospects. The firm also pointed to the company’s enhanced portfolio after it acquired Hess in 2025.