Susquehanna Downgrades Hess to Neutral, Lowers Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril has downgraded Hess (NYSE:HES) from Positive to Neutral and lowered the price target from $197 to $160.

October 26, 2023 | 2:25 pm
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NEGATIVE IMPACT
Hess has been downgraded from Positive to Neutral by Susquehanna, with a lowered price target of $160.
The downgrade from Positive to Neutral by Susquehanna indicates a less optimistic outlook for Hess. The lowered price target from $197 to $160 also suggests that the analyst sees less upside potential in the stock, which could negatively impact its short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100