JPMorgan raised the firm’s price target on Hess Corp. to $158 from $156 and keeps an Overweight rating on the shares ahead of the Q1 results. The analyst anticipates a solid operational quarter featuring "upbeat" Guyana volumes at in-line capex. The firm cites the recent increase in commodity prices for the target raise.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on HES:
- Hess Corp. price target raised to $139 from $130 at Morgan Stanley
- Halliburton Well Construction suite selected by Hess Corp.
- Hess Corp. price target raised to $174 from $160 at Barclays
- Hess Corp. price target raised to $170 from $163 at Mizuho
- Hess Corp. price target lowered to $170 from $175 at Raymond James
