HSBC analyst Lilyanna Yang raised the firm’s price target on Ecopetrol (EC) to $13 from $10 and keeps a Hold rating on the shares. The firm sees upside risks to oil prices and increased estimates accordingly for the Latin America oil names.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EC:
- Ecopetrol Earnings Call: Strong Operations, External Strains
- Ecopetrol Posts Solid 2025 Earnings, Boosts Reserves and Surpasses Energy Transition Targets
- Ecopetrol Publishes 2025 Social and Environmental Disclosure Chapter
- Ecopetrol Proposes 2025 Dividend and COP 21 Trillion Sustainability Reserve
- Ecopetrol options imply 2.6% move in share price post-earnings