Citigroup Maintains Neutral on Hess, Lowers Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber maintains a Neutral rating on Hess (NYSE:HES) and lowers the price target from $160 to $145.
September 05, 2024 | 6:36 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Citigroup analyst Scott Gruber has maintained a Neutral rating on Hess and reduced the price target from $160 to $145, indicating a less optimistic outlook.
The reduction in the price target from $160 to $145 by Citigroup suggests a less optimistic view on Hess's future performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100