UBS Maintains Buy on Hess Midstream, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brian Reynolds maintains a Buy rating on Hess Midstream (NYSE:HESM) and increases the price target from $35 to $38.
March 01, 2024 | 4:43 pm
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POSITIVE IMPACT
UBS analyst Brian Reynolds maintains a Buy rating on Hess Midstream and raises the price target from $35 to $38.
The upgrade in the price target by a reputable analyst like Brian Reynolds from UBS is a strong positive signal for Hess Midstream. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100