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.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100