Chevron Jumps, Coinbase Rises, Estee Lauder Higher After Raymond James Upgrade
On this episode of Stock Movers:
- Chevron (CVX) shares rise. US oil stocks jumped after President Donald Trump pledged to revive the Venezuelan energy sector following the capture of Nicolás Maduro. Chevron Corp., the only American oil major currently operating in the South American nation under special US permission, surged as much as 6.3%, the most since April.
- Coinbase (COIN) shares rise after Goldman Sachs upgraded the stock. Goldman Sachs analyst James Yaro raised the recommendation on Coinbase Global Class A to buy from neutral.
- Estee Lauder (EL) shares jump after Raymond James analyst Olivia Tong raised her recommendation on the beauty company to strong buy from market perform, and added the name to the firm’s Analyst Current Favorites List. Her price target of $130 is the highest of all analysts tracked by Bloomberg.
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