Chevron (CVX) is upgraded at Howard Weil even as shares brush against 52-week highs, on optimism...

|About: Chevron Corporation (CVX)|By:, SA News Editor

Chevron (CVX) is upgraded at Howard Weil even as shares brush against 52-week highs, on optimism over upcoming Australia LNG project cost updates. Outside of some escalating cost pressures, the firm expects a positive presentation, finding it unlikely CVX would bring investors halfway around the world to highlight timing delays and deteriorating project economics.