Chevron (CVX) Declares $1.07 Quarterly Dividend; 4.7% Yield

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UBS Raises Price Target on Chevron (CVX) Following 3Q Earnings and Guidance

November 2, 2015 10:17 AM EST

UBS reiterated a Neutral rating on Chevron (NYSE: CVX), and raised the price target to $95.00 (from $87.00), following the company's 3Q earnings results and guidance. Adjusted EPS was $1.01, above consensus of $0.76. CVX provided a 2016-17 capex guidance range of ~$25-$28bn and $20-$24bn.

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