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Fly News Breaks for January 18, 2019
CVX
Jan 18, 2019 | 05:42 EDT
UBS analyst Jon Rigby upgraded Chevron to Buy with a $135 price target. The recent pullback in oil prices has presented a buying opportunity in the shares, Rigby tells investors in a research note. He believes the "volatility" in the macro environment emphasizes the value of the company's "conservative, through-cycle, sustaining business."
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