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Chevron’s (CVX) Q1 earnings rose, something other U.S. energy giants couldn’t pull...
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Friday, April 27, 2012, 2:46 PM ETChevron’s (CVX) Q1 earnings rose, something other U.S. energy giants couldn’t pull off this quarter, prompting Barclays to believe CVX shares have 25% upside to its target of $133: "Despite 1Q12 earnings results coming in slightly lower than consensus and our expectations, we think the market will focus on the stronger-than-expected upstream results."
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This news story has 2 comments:
seems like some overly optimistic forecasting;
we think someone is too long and needs to unload