Mizuho Maintains Neutral on Hess, Raises Price Target to $210
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 $205 to $210.

May 13, 2024 | 2:58 pm
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Mizuho analyst Nitin Kumar has maintained a Neutral rating on Hess Corporation but raised the price target from $205 to $210, indicating a potential upside in the stock's valuation.
The increase in price target by Mizuho suggests a positive outlook on the valuation of Hess Corporation, potentially leading to short-term investor optimism. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential impact.
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IMPORTANCE 75
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