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TotalEnergies price target raised to $80 from $70 at TD Cowen

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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