BofA analyst Doug Leggate raised the firm’s price target on Hess Corp. to $200 from $185 and keeps a Buy rating on the shares following the company’s Q4 report, arguing that "the transformational impact of Guyana on Hess’ investment is becoming increasingly understood." However, there is still little value in the current share price for the balance of the portfolio, the firm contends.
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Published first on TheFly
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