Mizuho Maintains Neutral on Hess, Lowers Price Target to $194
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Neutral rating on Hess (NYSE:HES) and lowers the price target from $210 to $194.
September 16, 2024 | 1:24 pm
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NEGATIVE IMPACT
Mizuho analyst Nitin Kumar has maintained a Neutral rating on Hess and reduced the price target from $210 to $194, indicating a less optimistic outlook.
The reduction in the price target from $210 to $194 by Mizuho suggests a less optimistic view on Hess's future performance, which could lead to a short-term negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the lowered target may influence investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100