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Goldman Sachs reiterated its "Buy" rating on Chevron (CVX) and raised its price target to $240.
Goldman Sachs analysts reiterated a "Buy" rating on Chevron (CVX) and raised its 12-month price target by $15 to $240. The Goldman Sachs team expects Venezuelan crude oil production to double to approximately 600,000 barrels per day by 2031, which would be positive for Chevron.
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