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


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.

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