RE:My analysis, CVX should not be below 1.5 or 2 bucks Bushman that target price was actually given last may and it is for 1 year period so since we do have 2 months to go I do believe the stock will be around the $1.25 by the end of May. The analysts in may then will have to look at his target price and either upgrade by giving a new target price Down grade or keep it the same So many new developments since his target price from last may so I do believe he will upgrade the stock with a new target price.