Wall Street analysts back three dividend stocks — CNBC
Goldman Sachs, RBC Capital, and BMO Capital reaffirmed buy ratings on Chevron (CVX), Enterprise Products Partners (EPD), and Brookfield Infrastructure Partners (BIP). Chevron's price target was raised to $240, with a $7.12 annual dividend. EPD's price target is $42, with a $2.24 annual distribution. BIP's target is $47, with a $1.82 annual distribution. Analysts cited growth prospects and dividend yields as key factors.
How this was made

The 30-second read
Why it matters
The upgrades and reaffirmations provide fresh guidance for traders, especially the new target for Chevron.
Market read
Analyst rating actions on high‑yield energy stocks may influence short‑term price moves and sector sentiment.
What to watch
Potential downside from volatile commodity prices and upcoming regulatory scrutiny on emissions.
Background
Analysts from Goldman Sachs, RBC Capital, and BMO Capital reaffirmed buy ratings and set price targets for three dividend‑focused energy infrastructure stocks.
Ticker impact
Goldman Sachs raised Chevron's price target to $240 and reaffirmed a buy rating.
likely upward pressure as investors price in the higher target
Target increase signals improved outlook; dividend yield remains attractive.
RBC Capital reaffirmed a buy rating on Enterprise Products Partners with a $42 price target and noted quarterly cash distribution.
limited upside as rating unchanged; focus on dividend yield
No target change, but reaffirmed buy may sustain current price.
BMO Capital reaffirmed a buy rating on Brookfield Infrastructure Partners with a $47 price target and highlighted dividend distribution.
stable to modestly positive as investors value dividend yield
Target unchanged; emphasis on dividend and growth projects.
Market effects
Reaffirmed buy ratings and higher target for Chevron may boost energy sector sentiment.
U.S. energy and infrastructure stocks could see modest buying pressure.
Limited to investors tracking dividend‑yielding energy assets.
Counterpoint
Higher target may be premature if oil prices soften; investors could wait for earnings.
Key entities
- Analyst FirmGoldman Sachs
Raised Chevron price target to $240.
- Analyst FirmRBC Capital
Reaffirmed buy on Enterprise Products Partners.
- Analyst FirmBMO Capital
Reaffirmed buy on Brookfield Infrastructure Partners.

