McDermott Keeps Buy Rating on Chevron, Targets $218

Morgan Stanley's Devin McDermott has reaffirmed his buy rating for Chevron (CVX.US), sticking to his target price of $218. According to TipRanks data, McDermott has a success rate of 58.8% and an average return of 9.7% over the past year.

TipRanks' analysis shows that McDermott's recommendations have been successful in the past, with his virtual portfolio earning a positive return from Chevron stock. This is reflected in his 4-star rating on TipRanks.