Mizuho Maintains Neutral on Hess, Raises Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has maintained a Neutral rating on Hess Corporation (HES) and increased the price target from $200 to $205.

March 20, 2024 | 11:19 am
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Mizuho analyst Nitin Kumar has maintained a Neutral rating on Hess Corporation but increased the price target from $200 to $205.
The increase in price target from $200 to $205 by Mizuho suggests a positive outlook on Hess Corporation's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of upward movement in HES's stock price, likely due to improved financial or operational performance indicators identified by the analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100