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Fly News Breaks for June 27, 2017
HES
Jun 27, 2017 | 07:36 EDT
Atlantic Equities analyst Barry MacCarthy downgraded Hess to Neutral and cut its price target to $45 from $68 saying the development approval for phase 1 of the Liza field was not the positive catalyst he had hoped for despite favorable economics. The analyst thinks Guyanan suffers as a non-shale play, especially with production beyond many investors horizon.
News For HES From the Last 2 Days
