Morgan Stanley Maintains Equal-Weight on Chevron, Raises Price Target to $198
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Morgan Stanley analyst Devin McDermott maintains an Equal-Weight rating on Chevron (NYSE:CVX) and raises the price target from $192 to $198.

May 23, 2023 | 11:44 am
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Morgan Stanley maintains an Equal-Weight rating on Chevron and raises the price target from $192 to $198.
The raised price target by Morgan Stanley indicates a positive outlook for Chevron's stock price in the short term. The Equal-Weight rating suggests that the stock is expected to perform in line with the market, but the increased price target may lead to a short-term positive impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100