TotalEnergies price target lowered to $60 from $65 at Scotiabank

Scotiabank analyst Paul Cheng lowered the firm’s price target on TotalEnergies (TTE) to $60 from $65 and keeps a Sector Perform rating on the shares. The firm is updating its ratings across the U.S. Integrated Oil, Refining, and Large Cap E&P sector, the analyst tells investors.