RBC Capital raises its profit outlook for Big Oil: Chevron (CVX), the firm's top pick, is now...

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

RBC Capital raises its profit outlook for Big Oil: Chevron (CVX), the firm's top pick, is now expected to report EPS of $3.45 vs. $2.96 prior estimate, while Conoco's (COP) new EPS target is raised to $2.25 from $1.90, and Exxon (XOM) to $2.35 from $2. RBC expects crude at $110 in 2011, up from $106 prior estimate.