Mizuho Maintains Neutral on Hess, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has maintained a Neutral rating on Hess Corporation (NYSE:HES) and increased the price target from $170 to $200.

February 26, 2024 | 11:42 am
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Mizuho analyst Nitin Kumar maintains a Neutral rating on Hess Corporation but raises the price target from $170 to $200.
The increase in price target from $170 to $200 by Mizuho suggests a positive outlook on the stock's future performance, despite maintaining a Neutral rating. This adjustment reflects an expectation of higher future valuation, which could lead to short-term positive sentiment among investors, potentially driving the stock price up.
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