UBS Maintains Buy on Hess, Lowers Price Target to $193
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein maintains a Buy rating on Hess (NYSE:HES) but lowers the price target from $212 to $193.
August 14, 2024 | 1:30 pm
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UBS analyst Josh Silverstein maintains a Buy rating on Hess but lowers the price target from $212 to $193.
The Buy rating suggests continued confidence in Hess's long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100