Standpoint Research Downgrades Hess Corp. (HES) to Hold; Taking Profits

September 13, 2012 1:56 PM EDT
Get Alerts HES Hot Sheet
Price: $59.30 +0.70%

Rating Summary:
    15 Buy, 18 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 35 | Down: 31 | New: 10
Trade HES Now!
Join SI Premium – FREE
Standpoint Research downgraded Hess Corp. (NYSE: HES) from Buy to Hold.

Analyst, Ronnie Moas, said, "July 23 recommendation HES is now up 29% for us and + 2000 bps versus the S&P-500; The shares remain attractive and below my $60 target for next year but I can no longer leave my highest rating attached to this name."

For an analyst ratings summary and ratings history on Hess Corp. click here. For more ratings news on Hess Corp. click here.

Shares of Hess Corp. closed at $54.78 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories


Related Entities

Standard & Poor's, Standpoint Research

Add Your Comment