Chevron (CVX) Could Be 22% Undervalued Following Wolfe Upgrade and New Growth Projects
Chevron (CVX) is back in focus after Wolfe Research upgraded the stock to Outperform, citing new international projects, Project Kilby with Microsoft, ongoing cost cuts, and a steady dividend approach. See our latest analysis for Chevron. Even after the Wolfe upgrade and Project Kilby headlines, Chevron’s recent trading tells a mixed story, with the share price down about 10% over 30 days and 15% over 90 days, but…
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