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Fly News Breaks for April 10, 2017
HES
Apr 10, 2017 | 09:31 EDT
Wolfe Research upgraded Hess Corp to Outperform with a $65 price target adding Liza 1 volumes into the financial model, which drives mid-cycle free cash flow valuation to amongst the lowest in the group.
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.
