JPMorgan Upgrades Chevron (CVX) to Neutral, Maintains $120 Price Target

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An analyst at JPMorgan upgraded shares of Chevron (NYSE: CVX) from Underweight to Neutral Thursday morning following the company's interim Q2 update Wednesday afternoon. The firm maintained a $120 price target on shares of Chevron.

Chevron shares are down 0.6 percent to $104.24 at last check.

For an analyst ratings summary and ratings history on Chevron click here. For more ratings news on Chevron click here.

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