CVX price boosted by Morgan Stanley

Recently, on 11/19/2021 Morgan Stanley brokerage Boosted the Price Target for CVX Chevron Corporation to Overweight from $149.00 to $155.00.

Jim Cramer also talked about a buy opportunity in Chevron shares yesterday, since they have enough money to pay the dividends for the next year, 5.36 (4.57%), and the demand for oil is still there.

The Price per Earnings ratio is also low, 22.14.

Looking forward to read your opinion about it.