Hess Midstream LP (HESM) gets rating Upgrade from Wells Fargo

In a filing, Hess Midstream LP revealed its Director Schoonman Geurt G unloaded Company’s shares for reported $0.13 million on Jun 09 ’25. In the deal valued at $39.10 per share,3,249 shares were sold. As a result of this transaction, Schoonman Geurt G now holds 0 shares worth roughly $0.0.

Then, Schoonman Guert G. bought 3,250 shares, generating $126,685 in total proceeds.

Before that, BlackRock Portfolio Management sold 15,022,517 shares. Hess Midstream LP shares valued at $553,729,977 were divested by the 10% Owner at a price of $36.86 per share. As a result of the transaction, BlackRock Portfolio Management now holds 0 shares, worth roughly $0.0.

Wells Fargo upgraded its Hess Midstream LP [HESM] rating to an Overweight from a an Equal weight in a research note published recently. JP Morgan also remained covering HESM and has decreased its forecast on March 08, 2024 with a “Neutral” recommendation from previously “an Overweight” rating.

Price Performance Review of HESM

On Friday, Hess Midstream LP [NYSE:HESM] saw its stock jump 2.05% to $40.28. Over the last five days, the stock has lost -1.76%. Hess Midstream LP shares have risen nearly 4.87% since the year began. Nevertheless, the stocks have risen 8.78% over the past one year. While a 52-week high of $44.05 was reached on 03/19/25, a 52-week low of $33.59 was recorded on 04/09/25.

Levels Of Support And Resistance For HESM Stock

The 24-hour chart illustrates a support level at 39.94, which if violated will result in even more drops to 39.59. On the upside, there is a resistance level at 40.69. A further resistance level may holdings at 41.11.

How much short interest is there in Hess Midstream LP?

A steep rise in short interest was recorded in Hess Midstream LP stocks on 2025-07-15, growing by 1.68 million shares to a total of 6.52 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 4.84 million shares. There was a rise of 25.79%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on May 10, 2023 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $37 price target.

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