Chevron ( NYSE:CVX – Get Rating ) had its target price lowered by equities research analysts at Raymond James from $212.00 to $208.00 in a report issued on Friday, Benzinga reports. The brokerage presently has an 'outperform' rating on the oil and gas company's stock. Raymond James' price target would suggest a potential upside of 21.50% from the stock's previous close. CVX has been the topic of several other reports. StockNews.com started coverage on shares of Chevron in a research note on Thursday, March 16th.

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