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Analysts Offer Insights on Energy Companies: Chevron (CVX) and HF Sinclair Corporation (DINO)

Tipranks - Fri Jul 3, 5:10AM CDT

Analysts have been eager to weigh in on the Energy sector with new ratings on Chevron (CVX) and HF Sinclair Corporation (DINO).

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Chevron (CVX)

In a report released yesterday, Manav Gupta from UBS maintained a Buy rating on Chevron, with a price target of $220.00. The company’s shares closed last Wednesday at $165.69, close to its 52-week high of $168.96.

According to TipRanks.com, Gupta is a 5-star analyst with an average return of 19.3% and a 64.7% success rate. Gupta covers the NA sector, focusing on stocks such as Enterprise Products Partners, Western Midstream Partners, and HF Sinclair Corporation. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Chevron with a $216.12 average price target, implying a 31.2% upside from current levels. In a report issued on June 21, Bank of America Securities also maintained a Buy rating on the stock with a $210.00 price target.

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HF Sinclair Corporation (DINO)

In a report released yesterday, Sam Margolin from Wells Fargo maintained a Hold rating on HF Sinclair Corporation, with a price target of $67.00. The company’s shares closed last Wednesday at $72.56.

According to TipRanks.com, Margolin is a 5-star analyst with an average return of 11.5% and a 66.4% success rate. Margolin covers the NA sector, focusing on stocks such as Tamboran Resources Corporation, Occidental Petroleum, and Marathon Petroleum. ;'>

HF Sinclair Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $72.27, which is a 3.7% upside from current levels. In a report issued on June 29, TD Cowen also maintained a Hold rating on the stock with a $79.00 price target.

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