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Stock impact report

Piper Sandler Lowers Chevron (CVX) Price Target to $168, Keeps Overweight Rating [Yahoo! Finance]

Chevron Corporation (CVX) 
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Company Research Source: Yahoo! Finance
Piper Sandler Lowers Chevron (CVX) Price Target to $168, Keeps Overweight Rating On November 10, P?ipe?r Sand?ler? lowered its price target for Chevron Corporation (NYSE:CVX) to $?168 from $169 while? maintaining an Overweight ratin?g on the stock, as reported by The Fly. Th?e firm noted that company analyst days rarel?y? shift expectat?ions, and altho?ugh its upd?at?e was largely within th?e? “fairway,” Piper sees the incremental d?isclosur?e as both positi?ve at the margin and r?elat?ively conserv?ative. The firm? acknowledge?d t?hat some investor concerns may persist regarding post-2030 growth, but emphasi?zed that t?he invest?ment case for large? energ?y companies m?ainly hi?nge?s on sustainabil?ity and growth of shareholder returns. With a pro?ject?ed? free cas?h flow/share CAGR of 15% per year from 2025 to? 2030, Chevr?on r?emains a leader among its peers. Chevron Corporation (NYSE:CVX) is a re?liable div?iden?d company, having increased? its? payouts for? 38? consecutive Show less Read more
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