UBS Maintains Buy on Hess, Lowers Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein has maintained a Buy rating on Hess Corporation (NYSE: HES) but has reduced the price target from $210 to $195.

December 14, 2023 | 4:43 pm
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UBS has maintained a Buy rating on Hess Corporation but lowered the price target from $210 to $195.
While the reduction in price target could suggest a slightly less optimistic outlook on Hess's future stock performance, the maintenance of a Buy rating indicates that UBS still has a positive view on the company's prospects. This mixed signal could lead to a neutral short-term impact on the stock price as the market digests the information.
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