Here are Monday's biggest calls on Wall Street.
Here are Monday's biggest calls on Wall Street: Goldman Sachs upgrades Chevron to buy from neutral Goldman said it sees a cash flow inflection for the oil and gas giant. "We upgrade Chevron from Neutral to Buy on leading capital returns; clear inflection in cash flow in 2024 and volumes in 2025; and relative valuation, particularly in 2025." Read more about this call here.
" Jefferies downgrades Ford to hold from buy Jefferies downgraded the automaker due to worsening electric vehicle losses. "Ford cut back to Hold on worse EV losses and strategic wobble." Read more about this call here. RBC downgrades CSX to sector perform from outperform RBC downgraded the railroad company mainly on valuation. " CSX has been operating fluidly in recent quarters, which has translated into business wins and solid results.
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