Morgan Stanley Maintains Overweight on Hess, Lowers Price Target to $154
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott has maintained an Overweight rating on Hess (NYSE:HES) but lowered the price target from $158 to $154.

July 18, 2023 | 2:17 pm
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Morgan Stanley has maintained an Overweight rating on Hess but lowered the price target from $158 to $154.
The news is directly about Hess and is likely to impact its stock. While the Overweight rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook, which could have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100