Investors should buy shares of Chevron as the company’s exposure to the Middle East is relative to rivals, according to HSBC.
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Key catalysts for Chevron are its Yellowtail project in Guyana and Tengizchevroil project in Kazakhstan, the bank said.
Melius' updated price forecast implies that shares of Chevron could add 13% from here.
Link also said she likes stocks that offer exposure to the power buildout, including Quanta Services, Vertiv and Eaton.
UBS thinks Exxon Mobil shares have at least another 5% left in them.
HSBC analysts on Thursday outlined ways to 'energy-proof' a portfolio of European equities, reflecting their own positioning on…
Top U.S. oil producer Exxon Mobil and Hess will meet face-to-face on Monday in a court hearing to determine the fate of Chevron's…
