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Chevron Corporation (CVX) upgraded to buy as Hess acquisition strengthens Guyana exposure

MSN
Mar 3, 2026 at 09:57 AM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Chevron Corporation (CVX) has been upgraded to a 'Buy' rating by Melius, with a price target of $205. This upgrade reflects Chevron's strong focus on shareholder returns, including dividends and buybacks, and its increased exploration efforts in high-impact areas, particularly following its acquisition of Hess, which enhances its exposure in Guyana.

Chevron Corporation (NYSE:CVX) ranks among the best spring stocks to buy right now. On February 17, Melius raised its rating on Chevron Corporation (NYSE:CVX) from Hold to Buy, with a price target of $205. The firm emphasized Chevron’s focus on shareholder returns, such as dividends and buybacks, a rise in exploration targeted on high-impact frontier […]

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