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S&P Equity Research Boosts Operating Profit Target For Chevron

By Apr 9, 2010, 1:39 PM 

S&P Equity Research Boosts Operating Profit Target For Chevron – S&P Equity Research on Friday reiterated its strong buy rating for Chevron (CVX), based on a better-than-expected refining forecast from the oil major. S&P boosted its Q1 operating profit target for Chevron by 38 cents a share to $1.95 a share, and its 2010 target by $1 to $8.66 a share. 12-month price target for Chevron remains at $95 a share, the firm said. – MW

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