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Hess Corp. price target raised to $169 from $161 at Wells Fargo

Wells Fargo raised the firm’s price target on Hess Corp. to $169 from $161 and keeps an Overweight rating on the shares. The firm remains positive, and notes that steady production adds in Guyana plus 10-12 new E&A wells/year through October 2027 underpin the growth story.

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