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Stock impact report

Jim Cramer Shares Brief, But Key Insight For Chevron (CVX) Stock [Yahoo! Finance]

Chevron Corporation (CVX) 
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Company Research Source: Yahoo! Finance
Oil giant Chevron Corporation (NYSE:CVX)'s shares have been consistently on Jim Cramer's radar ever since hostilities started in Iran. They are up by 41% over the past year and by 27% year-to-date. The CNBC TV host has repeatedly stressed that the stock moves up when investors extend their timeline for the conflict's end and vice versa. Bernstein commented on Chevron Corporation (NYSE:CVX)'s shares on March 22nd. It raised the price target to $216 from $194 and maintained an Outperform rating. The financial firm outlined that its coverage was a part of a broader update of oil price models. Earlier in the month, Barclays had also discussed the stock as it raised the share price target to $180 from $172 and kept an Overweight rating on the shares. Barclays commented that it had raised oil price estimates and added that the sector could benefit from cash flow tailwinds. Cramer, who has continuously praised Chevron Corporation (NYSE:CVX)'s CEO for the past year, kept his upbeat tone abou Show less Read more
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