Piper Sandler Maintains Overweight on Hess, Raises Price Target to $173
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Ryan Todd has maintained an Overweight rating on Hess Corporation (NYSE:HES) and increased the price target from $172 to $173.

April 18, 2024 | 1:32 pm
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Piper Sandler maintains an Overweight rating on Hess Corporation and raises the price target from $172 to $173.
The increase in price target by Piper Sandler suggests a positive outlook on Hess Corporation's stock, likely due to anticipated strong performance or favorable market conditions. This adjustment, although minor, indicates continued analyst confidence in the company's prospects, potentially influencing investor sentiment and leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100