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Fly News Breaks for May 18, 2015
HES
May 18, 2015 | 06:44 EDT
Goldman downgraded Hess to Neutral and lowered its price target to $68 from $80 based on reduced upside from lower oil/gas price forecasts.
News For HES From the Last 2 Days
HES
Apr 22, 2024 | 07:35 EDT
Susquehanna raised the firm's price target on Hess Corp. to $164 from $156 and keeps a Neutral rating on the shares. The firm updated its estimates for their E&P sector by lowereing natual gas assumptions and maintaining oil prices. For 2024, they expect companies will continue their maintenance capital programs, while focusing on driving improving well productivity. Susquehanna also expects M&A activity to continue as companies look to shore up inventory positions.
