Chevron's stock closed at $204.39 on September 25, 2026, down 0.57 percent from its prior close of $205.56.
The catalyst for this movement was HSBC's new price target of $250, raised from $218 while retaining a Buy rating.
HSBC increased its cash flow forecasts for Chevron, citing the company's sensitivity to elevated oil prices and relatively low Middle East exposure among major international oil companies.
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