Hess Corp. price target lowered to $170 from $175 at Raymond James

Raymond James analyst John Freeman lowered the firm’s price target on Hess Corp. to $170 from $175 and keeps an Outperform rating on the shares. Guyana and GOM helped lift Hess to a production beat despite weather trouble in the Bakken, but the weather trouble spilled into Q1 with disrupted operations delaying activity pushing Q1 production lower than expected, the analyst tells investors in a research note.