Hess Corp. price target lowered to $151 from $166 at Susquehanna

Susquehanna lowered the firm’s price target on Hess Corp. (HES) to $151 from $166 and keeps a Neutral rating on the shares. The firm updated its estimates following Q2 results and lowered the target to reflect the acquisition conversion ratio of Chevron (CVX) to Hess Corp. shares.