Chevron (CVX)

Dividend.com is reporting that Chevron saw its coverage reinstated on Friday with a “Buy” rating by analysts at Bank of America/Merrill Lynch. The analyst also set a $105 price target on CVX shares, which had closed at $76.78 on Thursday. The analyst said that a group of new projects over the past 18 months will likely spur growth and set the company apart from its peers in the oil industry.

Dec 18 · 1:47:00 PM · Source: Dividend.com
Track · email · face · Twitter · digg · COMMENTS
by Rich Pike