Piper Sandler Lifts Chevron Price Target to $243

Chevron's stock price target has been raised to $243 by analysts at Piper Sandler, up from their previous estimate of $207.

This move comes as part of a broader trend in the oil and gas sector, where companies are seeing increased demand for energy due to a recovering global economy.

Piper Sandler's note on Chevron highlights the potential for growth in the company's operations, citing its strong financial position and ability to increase production.