Chevron Announces First Production from the Lianzi Development Offshore the Republic of Congo and Angola

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Go back to Chevron Announces First Production from the Lianzi Development Offshore the Republic of Congo and Angola

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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