Key Stats for Chevron Stock

• Price change for Chevron stock for Last 1 Year: 32%
• $CVX Stock Price as of Sep. 16: $212
• 52-Week High: $218
• $CVX Stock Price Target: $223

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What Happened?

Chevron (CVX) stock is drawing fresh attention after Goldman Sachs raised its price target to $240 a share from $225, even though shares actually slipped 2.9% on Wednesday to close just above $211.

The drop wasn’t specific to Chevron. Energy stocks sold off broadly that day after the Federal Reserve raised interest rates and signaled it may keep tightening, pressuring oil prices and the wider market.

Goldman…