TD Cowen raised the firm’s price target on TotalEnergies (TTE) to $80 from $70 and keeps a Hold rating on the shares. The firm said the company is benefiting from data-center demand, with attention turning to growth by 2030. Namibia may have resource to support more than 2 FPSOs These activities could be drivers of FCF growth next decade.
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Read More on TTE:
- Balanced Near-Term Constraints and Long-Term Optionality Justify Hold Rating and Fair Valuation
- TotalEnergies downgraded to Sell from Buy at Freedom Capital
- Weatherford awarded multi-year integrated completions contract by TotalEnergies
- TotalEnergies price target raised to EUR 58 from EUR 55 at JPMorgan
- TotalEnergies price target raised to EUR 71 from EUR 65 at Citi
