Goldman Sachs initiated coverage on Chevron Corporation CVX with a Neutral rating.
The target price for Chevron is set to $110.
Chevron shares have dropped 10.61% over the past 52 weeks, while the S&P 500 index has surged 10.34% in the same period.
Chevron's shares fell 1.13% to close at $103.55 on Friday.
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