Chevron (NYSE:CVX) was upgraded today by JP Morgan (NYSE:JPM) to neutral from underweight with a price target of $120 price target, as the current stock price represents a good entry point for investors.
Shares are higher by about four tenths of a percent.
Merck (NYSE:MRK) was upgraded today by Citigroup (NYSE:C) from neutral to buy with a price target of $50, as new products should add to earnings in the coming quarters.
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