Chevron (CVX) option implied volatility elevated into investor day & OPEC

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Wells Fargo Reiterates Overweight Rating on Chevron (CVX) Following Analyst Meeting

March 4, 2020 6:42 AM EST

Wells Fargo analyst Read reiterated an Overweight rating and $129.00 price target on Chevron (NYSE: CVX) following the company's 2020 analyst meeting.

On an annual basis through 2024, Read assumes production growth of 2-7% , buybacks of $5bn and dividend increases of 5-8% per annum, capex... More