Chevron stock: Goldman lifts target to USD 241 pre-market
Published on 10/21/2026 at 08:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst revision before the open
- Goldman Sachs raised its Chevron target to USD 241 from USD 228.
- The analyst action was published on October 20, 2026.
- Chevron stock trades pre-market at EUR 201.33 at 8:03 a.m. CEST at Lang & Schwarz on October 21, 2026.
Goldman Sachs raised its target for Chevron to USD 241 from USD 228 on October 20, 2026, while maintaining its Buy rating, according to Investing.com. Chevron stock trades pre-market at EUR 201.33 at 8:03 a.m. CEST at Lang & Schwarz on October 21, 2026.
Goldman Sachs target revision
The report said Goldman Sachs lifted its target from USD 228 to USD 241 and kept its Buy rating. It also cited an updated valuation framework for the energy company, including an 8.5 times EV/DACF multiple, compared with 8.0 times previously. Investing.com reported the change.
Ahead of the Xetra open
The indication was recorded during pre-market trading at Lang & Schwarz. The further course from the Xetra open at 9:00 a.m. CEST is shown by the continuously updated real-time quote of Chevron stock.
Chevron’s business and market
Chevron operates upstream and downstream energy businesses spanning oil and gas production, transportation, refining, petroleum products and petrochemicals. The home market is the United States, with the S&P 500 as its benchmark. Market context: Market report S&P 500.
