Analysts Weigh In on Energy Stocks: Hold on EPD, Buy on CVX
Analysts have weighed in on two energy stocks: Enterprise Products Partners (EPD) and Chevron (CVX).
Jefferies analyst Julien Dumoulin Smith maintained a Hold rating on EPD, with a price target of $41.45.
This implies a 7.0% upside from current levels, where the company's shares closed last Tuesday at $38.81.
In a report released earlier this month, Stifel Nicolaus initiated coverage with a Hold rating on EPD and a price target of $40.00.
For Chevron (CVX), Goldman Sachs analyst Neil Mehta maintained a Buy rating, with a price target of $240.00.
The company's shares closed last Tuesday at $217.77.
Mehta is a 5-star analyst with an average return of 12.8% and a 64.4% success rate.