TD Cowen lowered the firm’s price target on Shell (SHEL) to $76 from $82 and keeps a Buy rating on the shares. The firm raised its estimates for Q1 following company guidance however the believe the futures outlook is likely more relevant than prior results in the current environment.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SHEL:
- Shell’s Resilience and Strong Financial Position Justify Buy Rating
- CVX, XOM, SHEL: Oil Prices Fall Below $60 a Barrel as Recession Fears Spike
- Shell lowers Q1 lowers its integrated gas production estimate
- SHEL, CVX, BP: Oil Stocks Crash Alongside Crude Prices As OPEC+ Increases Production
- Shell Midstream agreed to sell shares in Colonial Enterprises to Brookfield