Hess Corp. price target raised to $210 from $205 at Mizuho

Mizuho analyst William Janela raised the firm’s price target on Hess Corp. to $210 from $205 and keeps a Neutral rating on the shares. The firm updated its commodity price outlook through 2026 following the Q1 earnings season, while increasing net asset value-based price targets by 7%. It sees strength in global oil prices near-term, given higher non-OECD demand and more modest supply gains but maintains a long term $75 per barrel midcycle Brent outlook.