tiprankstipranks

Hess Corp. price target lowered to $170 from $186 at UBS

UBS lowered the firm’s price target on Hess Corp. (HES) to $170 from $186 and keeps a Buy rating on the shares. The firm sees Energy viewed as a recession downside play, the analyst tells investors in a research note. UBS lowered its price target reflecting increased uncertainty around economic activity and commodity prices.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue