By: Benzinga
UPDATE: Societe Generale Upgrades Hess Corporation to Buy on Corporate Restructuring
In a report published Monday, Societe Generale upgraded Hess Corporation (NYSE: HES ) from Hold to Buy and raised the price target from $68 to $80. Societe Generale reported that, “This morning, HES announced a restructuring well beyond what we thought management would find palatable in response to
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