UBS has reiterated its Buy recommendation on the stock, with a target price of E74, following the announcement of Q2 results. This target highlights a potential upside of 19%.

'We continue to see an attractive entry point after recent underperformance', says UBS.

The oil company has maintained its targets, including a refinery utilization rate above 85% in the third quarter, for net investments still expected between $17 and $18 billion this year.

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