Major Bank Ratings | Wolfe: Upgrades Chevron to "Outperform", Recent Pullback Creates Buying Opportunity
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Glonghui, July 2|Wolfe Research has upgraded Chevron's rating from "Peer Perform" to "Outperform" with a target price of $210, pointing out that the recent pullback in the oil giant's share price has created an attractive entry opportunity for investors. The market has not yet fully reflected its improved long-term free cash flow outlook.
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