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Wajeeh Khan

This Analyst Just Upgraded Chevron Stock. Here's Why.

Chevron CVX Doug Leggate Wolfe Research Wolfe Guyana Oil

Wolfe Research’s senior analyst Doug Leggate upgraded Chevron (CVX) shares to “Outperform” on July 2, announcing a $210 price target that represents significant upside from current levels.

CVX sits a little under its 20-day moving average (MA), with a decisive break above the $178 expected to accelerate bullish momentum in the near term.

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