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Chevron saw increased investment despite reporting lower earnings, maintaining a "Moderate Buy" rating.
Several institutional investors increased their holdings in Chevron Co. during the fourth quarter, including Alerus Financial NA and Slagle Financial LLC.
Despite these investments, Chevron reported lower-than-expected earnings of $2.06 per share for the quarter.
The company, which has a market cap of $293.54 billion, operates in the integrated energy and chemicals sectors and has a consensus rating of "Moderate Buy" with a target price of $174.13.
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Chevron vio un aumento de la inversión a pesar de reportar menores ganancias, manteniendo una calificación de "Compra Moderada".