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Piper Sandler Reaffirms Their Buy Rating on Shell (SHEL)

Tipranks - Tipranks - Fri Apr 10, 6:44AM CDT

In a report released today, Ryan Todd from Piper Sandler maintained a Buy rating on Shell, with a price target of $106.00.

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According to TipRanks, Todd is a 5-star analyst with an average return of 12.2% and a 61.48% success rate. Todd covers the Energy sector, focusing on stocks such as BP, Conocophillips, and Exxon Mobil.

In addition to Piper Sandler, Shell also received a Buy from TipRanks – OpenAI’s OpenAI Oil and Gas Integrated in a report issued yesterday. However, today, Wells Fargo maintained a Hold rating on Shell (NYSE: SHEL).

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Based on Shell’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $64 billion and a net profit of $4.13 billion. In comparison, last year the company earned a revenue of $66.28 billion and had a net profit of $928 million

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