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Fly News Breaks for January 10, 2019
HES
Jan 10, 2019 | 07:22 EDT
Barclays analyst Paul Cheng upgraded Hess Corp. to Overweight from Equal Weight with an unchanged price target of $66. The analyst sees a more attractive valuation relative to the company's large-cap Exploration & Production peers following the stock's recent selloff.
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.
