Chevron: Jefferies still a buyer, likes strong balance sheet

(CercleFinance.com) - On Thursday, a Jefferies analyst confirmed a "buy" rating on the share of oil group Chevron, along with a target price of 90 dollars.


"The company entered the downturn with the strongest balance sheet in the industry and has taken action to protect the dividend and balance sheet integrity and to preserve liquidity," the broker said.


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