Barclays Maintains an 'Equalweight' on Hess Corp. (HES); Adjusting Estimates on Schiehallion Interest Sale

May 31, 2012 3:32 PM EDT
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Barclays maintains an 'Equalweight' on Hess Corp. (NYSE: HES) price target of $60.00.

Analyst, Paul Y. Cheng, said, "We fine-tune our 4Q12 and 2012 EPS estimates to $1.62 and $6.00 from $1.68 and $6.05, respectively, in light of the asset sales announcement."

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 $45.38 yesterday.


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