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A statement released earlier today by Vetr Inc. about Chevron Corporation (NYSE:CVX) bumps the target price to $106.05

Vetr Inc. bumped up the target of Chevron Corporation (NYSE:CVX) to $106.05 indicating a possible downside of -0.03%.

Yesterday Chevron Corporation (NYSE:CVX) traded -1.05% lower at $109.34. The company’s 50-day moving average is $105.28 and its 200-day moving average is $102.80. The last stock close price is up 6.36% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 7,461,924 shares of the stock were exchanged, up from an average trading volume of 7,064,900

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Chevron Corporation (NYSE:CVX)

Chevron Corporation has a with a one year low of $75.33 and a one year high of $111.57 Chevron Corporation’s market capitalization is presently $0.

A total of 22 brokerages have issued a ratings update on Chevron Corporation. Five brokerages rating the company a strong buy, eight brokerages rating the company a buy, twelve brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $103.07.

General Company Details For Chevron Corporation (NYSE:CVX)

Chevron Corporation (Chevron) manages its investments in subsidiaries and affiliates and provides administrative, financial, management and technology support to the United States and international subsidiaries that engage in integrated energy and chemicals operations. The Company operates through two business segments: Upstream and Downstream. The Upstream segment consists primarily of exploring for, developing and producing crude oil and natural gas; transporting crude oil by international oil export pipelines; transporting, storage and marketing of natural gas, and a gas-to-liquids plant. Downstream operations consist primarily of refining crude oil into petroleum products; marketing of crude oil and refined products; transporting crude oil and refined products by pipeline, marine vessel, motor equipment and rail car, and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses and fuel and lubricant additives.

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