Chevron resumed at Overweight by Morgan Stanley as Hess acquisition removes key overhang

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Chevron Reports $8.3 Billion Loss For Second Quarter

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Chevron (NYSE:CVX) -0.4% in Monday's trading, little affected as Morgan Stanley resumed coverage with an Overweight rating and $174 price target, saying the closing of the Hess deal removes a key overhang and strengthens its business, enhancing growth

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